The Indian real estate market is definitely something that a lot of investors should be looking into since a Canada-based NR billionaire in the name of Bob Dhillon is planning to have an investment in the said industry that would be up to $100 million or about Rs 540 crore.
With this, he is planning to approach the Haryana government for developing a township near Chandigarh. The visit of Dhillon to India is part of a large business delegation with the prime Minister of Canada, Stephen Harper.
According to the Dhillon he is planning to talk with the state government regarding his plans of developing a township in Chandigarh.
He has this plan since he was able to see that a lot of people in Canada are looking for a second home and India. He wanted this township to answer the needs of these people. The planned township project would also be near the upcoming international airport in the state.