In making a 30% investment last year in Trammell Crow Meghraj,one of the country's leading property services firms, TCC earned avital "introductory letter" to India's investment circles. "Thereare capital sources there who've indicated interest in working withus," TCC's chairman and CEO Robert E. Sulentic tellsGlobeSt.com.
Sulentic says a senior developer from TCC's US ranks isconsidering relocation to India to launch a development program--aprerequisite for TCC to fire up the plan. "It could happen thisyear," he says, "although we're not committing."
TCC's road to India has been paved by the government's recentdecision to allow outside direct development. "There appears to behuge pent-up demand," Sulentic says.
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