Turner, Sahara, Acropolis Team Up On $2.5B India Venture

Law360, New York (February 9, 2012, 6:39 PM EST) -- Indian real estate developer Sahara Prime City Ltd., building services company Turner Construction Co. and hedge fund firm Acropolis Capital Group on Thursday announced a joint venture to build a series of townships across India valued at about $2.5 billion.

The group, called Sahara Turner Construction Ltd., plans to lead the development and construction of the townships over the next five years through a partnership that will be managed through Turner.

"This association is of great significance, and will help in making the Indian infrastructure and...
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