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India: Realty PE funds to stay invested

Posted on 30 November 2011

As valuations in the real estate sector become unattractive, many real estate focused private equity funds that were suppose to exit from their investments in 2012 have got one-year extension till March 2013 from investors.
“It makes sense for limited partners (LPs) to ask the fund to wait for one year than exit now when the valuations in real estate are not attractive,” said Avinash Gupta, head, financial advisory, Deloitte (India)………………………………………..Full Article: Source

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