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Redhawk plans integrated township

BS REPORTER

Bangalore, 30 November

Redhawk Investments, formed by a group of high networth individuals, is planning to build a integrated township spread across 500 acres. The company said that they were scouting Bangalore, Hyderabad and the Greater Noida region for land. The township, when set up, aims to house IT and BPO de-

partments of the global financial services firms such as Well Fargo and Wachovia. The company is planning an up-front capital investment of $350 million through a mix of debt and equity. Redhawk estimates that eventually over a 10-year timeframe, the cumulative investment will be $1 billion. According to company officials, they intend to kick off work within a three-year timeframe.



	Redhawk plans integrated township

	BS REPORTER Bangalore, 30 November Redhawk Investments, formed by a group of high networth individuals, is planning to build a integrated township spread across 500 acres. The company said that they were scouting Bangalore, Hyderabad and the Greater Noida region for land. The township, when set up, aims to house IT and BPO de-	partments of the global financial services firms such as Well Fargo and Wachovia. The company is planning an up-front capital investment of $350 million through a mix of debt and equity. Redhawk estimates that eventually over a 10-year timeframe, the cumulative investment will be $1 billion. According to company officials, they intend to kick off work within a three-year timeframe.