Unitech raised 575 million dollars by placing shares with overseas private equity funds at Rs 81 a unit. This clearly indicates the rising interest of foreign investors in the Indian real estate market. The company planned to raise only 200 million dollars, but as demand was huge, it decided to increase the issue size. The […]
Tag: PE
Realty Investors May Get Exit Route
May 21, 2008 – 8:36 am
A few real estate funds are looking for ways to offer an exit route for investors. They are in talks with some of the PE investors who can buy out the assets. This is primarily a precursor to a second fund that is being planned. REMF not comes into this category. Sell the assets at […]
