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Dubai Real Estate Developer Going to India for Project

Posted: Apr. 25th, 2013  |  By DailyLuxe News

Asgar Patel, a prominent Dubai-based luxury real estate developer, wants to build a luxury hotel on waterfront property he owns in India.

Patel told Arabian Business that his investment in a $630-million mixed use tower in Bangkok. Which will become Thailand’s tallest building, inspired him to want to build the hotel in India.

The wealthy businessman, who is ranked as one of the most powerful and richest Indians in the Gulf by Arabian Business magazine, has recently invested $100m in two projects in Thailand, with [the] majority of the money going towards the MahaNakhon tower.

Read More on arabianbusiness.com
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