Mumbai: Canada's pension fund is ready to invest $2 billion (Rs 13,000 crore at $1 = Rs 65) in affordable housing in Mumbai, Maharashtra Chief Minister Devendra Fadnavis said, in a move that would boost Prime Minister Narendra Modi's goal of providing cheap housing to millions of people.
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"A week back, the Canadian ambassador... informed me that the Canadian pension fund is ready to invest $2 billion in Mumbai for affordable housing," Mr Fadnavis told reporters.
The Canada Pension Plan Investment Board (CPPIB) opened an office in Mumbai this month and has already committed to invest more than $2 billion in India.
Source - NDTV
www.sevagiri.com
The Canada Pension Plan Investment Board (CPPIB) opened an office in Mumbai this month and has already committed to invest more than $2 billion in India.
Source - NDTV
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