10.02.2011 - India: Builders seek PE money for old land payments, more plots
From Livemint.com: Real estate developers are depending heavily on private equity (PE) funds to bail them out to make payments for old land acquisitions and to kick off projects at the land-buying stage. With bank loans drying up and cash flows under stress due to dipping sales, PE money seems to be the only source of relief..............................................Full Article: Source
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