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Real Estate Briefing - Categorized | Fund Profile, Market Moves more

Timely exits help realty funds HDFC PMS, Kotak Realty, Milestone Real Estate Fund and others gain big

Posted on 20 February 2012

Wealthy investors who had put money in realty funds a few years ago are reaping rich dividends on the back of a series of profitable exits by these funds.
Leading funds HDFC PMS, Kotak Realty, Milestone Real Estate Fund and ASK Real Estate Portfolio, among others, have profitably exited about 6-12 projects between August and December 2011. Almost all these funds have logged well over 20% annualised returns on their investments at exit, wealth managers and sources said………………………………………..Full Article: Source


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