Pathak Developers signed up MOU with venture Capitalists
Mysuru-based Pathak Developers has signed a Memorandum of Understanding (MoU) with India based venture capitalist Mr. Jaswanth Singh for an investment of 5 Million into the Mysore based real estate firm in the city. Mr.Jaswanth with consortia of co-investors will be investing in Mysuru real estat
Published -
Nov 21, 2019 3:57 AM
Mysuru-based Pathak Developers has signed a Memorandum of Understanding (MoU) with India based venture capitalist Mr. Jaswanth Singh for an investment of 5 Million into the Mysore based real estate firm in the city. Mr.Jaswanth with consortia of co-investors will be investing in Mysuru real estate. He will be investing in Pratham Signature- Yadavgiri , Pratham Splendour-V.V.Mohalla and Pratham Alpine -Metagalli , all three upcoming projects of Pathak Developers Pvt. Limited in city for which a LOI was signed on Oct.14, 2019. The investment has come as real boost as the company is expected to regain its majority share in real estate market in the heritage town. Further, it also gives us immense pleasure in announcing that Pathak Developers will also to venture into service apartment sector in the Yoga Hub Gokulam with top class facilities. This is likely to be operational during the first quarter of 2020. This apart, the company is also in talks to sign a MOU for five-star Hotel property in Mysore. The lead book runner for these transactions is Arkstons Advisory Group, an Investment banking advisory firm. Considered as the pensioner’s paradise and one of the fastest growing cities in the country, Mysuru is the place to invest. With Pathak Developers best of the best facilities in its properties and track record of 40 plus projects there shall be no doubts on the investors to purchase apartments located in some of the best localities in city. The bookings shall be open via invites only. This is the right time to invest in the heritage city. With the Mysore Airport fully operational the city has got connected directly to some of majority cities in India like Hyderabad, Goa , Kochi, Chennai, Belgaum and Bengaluru. Future is expected to be bright for the city as the Government plans to expand the airport further. The city is also home for some of the best tourist locations and palaces to enjoy with family and friends. So, come invest with Pathak Developers.
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