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Cacalist | by: Oren Fruend | 10/01/16

The 102 dunam project, located in Hyderabad, included 14 buildings for construction; the company's share amounts to approximately NIS 59 million with projected profits amount to NIS 20 million each. 

Electra Real Estate and Property & Building sold today (Sunday) their rights (45% each) in a joint residential project in Hyderabad India. The residential project and land designated for development were sold at a value of NIS 134 million (approximately $34 million). The company's share amounts to approximately NIS 59 million, with a free cash flow of approximately NIS 54 million. 

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