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Friday, November 28, 2008

Castlewood offers luxury homes in Hungary, US

Castlewood Investment Properties has tied up with Singapore-based HomePlace International and their Indian partner, Land Solutions, to offer properties in Hungary, the US and the UK, among other places.

The company says it is betting on Non-Resident Indians and Indians of high income group wanting to invest more in global properties.

“Indian investors are always on the radar of any international developer,” said Mr Christopher Comer, Managing Director, Castlewood International in a release.

It is also looking to tap corporates, developers and banks, among others.

The company is offering 300 houses in South Carolina in the US, and in Budapest in Hungary at prices starting at $250,000.

The project in Budapest, Károlyi István City Centre, is a waterfront gated community consisting of condominiums and luxury apartments.

While the Fairways by Castlewood, at the Myrtle Beach in South Carolina offers two level and four bedroom Heritage town houses.

The company promises to provide consultancy and also arrange 70 per cent of the cost through bank loans.

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