|
The
infrastructure market in India is the hot topic
in discussions everywhere – from board rooms
to dining rooms. A cursory look at the real estate
prices gives you an idea of how infrastructure
& especially real estate has caught the fancy
of most people. Companies like DLF, Ansals &
others are buying up huge chunks of land in anticipation
of a boom. But unbeknownst to all LIFE Insurance
Corporation (LIC) is outbidding some of the leading
private realty players to acquire huge tracts
of land all over the country. The corporation
plans to augment earnings by developing these
properties into commercial office complexes and
subsequently leasing them. |