Ramprastha Group is a renowned real estate company, operating in and around Delhi & Ghaziabad for almost four decades now. The company has entered into an FDI alliance with South Asian Real Estate (SARE), a private equity fund based out of the Isle of Man for the development of a 1450-acre township in Gurgaon. The project, which involves the development of residential housing, commercial centers and IT, is expected to surpass all global standards. Management and supervision of the project is by Sembawang (Asia's leading infrastructure company). Recently Deutsche Bank has picked up close to 40% stake in Ramprastha Promoters and Developers, a group company owned by Ramprastha Group.