Brasov, Romania

DEVELOPMENT TYPE: LAND SPECULATION

STATUS: PORTFOLIO

Bhansali Equities has purchased, in partnership, 2 plots of land in 2006. The first plot is of 10 hectares corner land on the main and only highway in and out of Brasov E60/DN11, at 10km from the city on the main intersection between Brasov, Feldiora, Halciu. The second is 7.6 hectare plot of land and is 2km further down in the same location.

The pictures shown are on the E60 out of Brasov, where you have quite a bit of traffic, 3 gas stations, a few big name stores (i.e. German company Reinert), and a huge cement company that is right across our land on the main highway side.

The land has now been developed.