Rakindo Developers Pvt Ltd , India’s first real estate master planner and developer, is setting up an integrated township project at Coimbatore with an estimated investment of Rs 6,000 crore ($1.5 billion). Rakindo Developers is a joint venture company formed by RAKEEN, a global business company promoted by the government of Ras Al Khaimah, UAE and Chennai-based mineral conglomerate Trimex group The project - Kovai Hills - will be developed over 1,000 acres with an 18 hole golf course as the centrepiece. The project involves setting up of luxurious golf course villas with scenic mountains and lush greenery in the background. Rakindo will offer these exclusive villas on ‘Own by Invitation Only’, a first for such project in Tamil Nadu. The project is located southwest on the Coimbatore-Palakkad route and will have about 22 million sq ft of constructed space. According to Prasad Konery, managing director, Rakindo Developers, “our vision is to create theme-based townships which will offer