Property investment arm of Citibank has invested $160 million in real
estate major BPTP. Prior to this, Citibank Property Investment (CPI)
had invested $80 million in the company to take 5.89% stake. The
latest investment will be made in a Special Purpose Vehicle of BPTP,
which is implementing four SEZs in the National Capital Region. The
CPI arm will acquire 40% stake in this SPV.For more detail visit
http://www.magicbricks.com
