Kotak Realty Funds is raising $350-million for land
Kotak Realty Funds is raising $350-million for land joint venture projects in India and stakes in developer projects, to help the latter, who have witnesses a narrowing of their fund sources. Speaking on the sidelines of a conference in Mumbai, Krishna said he was looking to take equity stakes in developers and exit through initial public offerings in three or four years time. Chief Investment Officer Hari Krishna, who has already [...] â??They need to juice up their returns,â? Krishna said of the willingness of investors to dabble in relatively high risk Indian realestate.
Torrance homes
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