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Real Estate Briefing - Categorized | Market Moves, Private Equity more

Private equity play hots up Bangalore realty market

Posted on 20 September 2012

A resilient property market backed by perceptions of high quality standards and professionalism has seen private equity investments of at least Rs 400 crore flow into Bangalore-based developers in the last two months.
Global investment firm Xander has bought a 49% stake for Rs 150 crore in the retail component of Mantri Developers’ integrated township, Mantri Serenity, located on Kanakapura Main Road. Sushil Mantri, CMD, Mantri Developers, confirmed the deal………………………………………..Full Article: Source

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