Mumbai, India, February 22, 2007 - UK-based investment firm Dawnay Day International plan to invest $1.5 billion in Indian realty over the next few years. Areas of interest include residential developments, townships, and warehousing.

Dawnay Day which has a property portfolio of over $5 billion globally is reported to have entered into a JV with a Bangalore-based firm to develop retail and office space on a 16-acre site at an investment of Rs.400 crore.

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