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Mexico's Homex Agrees to Alliance with Indian Builder
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March 29, 2010



Mexico City - Mexico's Homex said on Monday it intends to partner with Indian construction company Puravankara on new public housing projects in India.

Homex has agreed to terms with Puravankara for a "future, nonexclusive strategic alliance to begin operations in the public housing segment," the Mexican company said in a stock exchange filing.

The first project being eyed will be in the metropolitan area of the city of Chennai, in southern India, Homex said.



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