AAIM India, a unit of UK real estate group AAIM, has announced its first investment is in a 650,000 m[sup]2[/sup] mixed-use development in the city of Nagpur in Central India. The group said that this is first foreign direct investment in an Integrated Township, established under the Special Township Policy whereby most of the planning decisions are delegated to the development joint venture.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
