Mr. Prakash Gurbaxani, well known serial
entrepreneur and among the pioneers to start the flourishing ITeS industry in
India , announced the launch of his new venture - QVC Realty. QVC Realty is the
first venture-funded Real Estate Company in India . Mr. Gurbaxani, along with
10 members, will form the core management team of QVC Realty.
The company will operate in about 12 markets including Tier-I cities like
Mumbai, Delhi / NCR, Bangalore, Hyderabad, Pune and Chennai and Tier-II ones
like Kolkata, Chandigarh, Nagpur, Vadodara and Cochin. The development projects
will cover a range of residential, commercial office, commercial retail,
hospitality, mixed-use and integrated townships.