30.11.2010 - India: Funds continue to play safe with small investments in real estate
From Livemint.com: Property analysts say many private equity (PE) funds with a focus on real estate are looking at similar risk-protected deals following several project delays during the downturn. “The current set of funds are largely domestic capital investors who would help out developers in land acquisition because banks wouldn’t lend towards this,” said Ajit Krishnan, partner, real estate practice, at consultancy Ernst and Young. “Developers, instead of going to individual investors, can approach such new structured funds to raise the money required.”.............................................Full Article: Source
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