16.08.2011 - India: PE cos shine in downcast real estate sector
The realty index is down over 12% in the last week, key policy rates have increased many times over the last 15 months, raw material costs are on the upswing as a result of inflation and homebuyers are cautious. In short, the Indian realty mart is shrouded in uncertainty. However, for real estate developers looking for growth capital, there seems to be a silver lining over this cloud of uncertainty as the sugar daddies of the financial world, the private equity (PE) funds, are lining up multiple investments into key city residential projects across the metros..............................................Full Article: Source
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