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Thursday, September 20, 2012 - 18:52 IST
Indiareit closes Mumbai Redevelopment Fund for nearly $80M
BY Pooja Sarkar & Sneha Shah
The real estate PE fund promoted by Piramal Enterprises was looking to raise up to $90M in the domestic fund after shelving plans for new offshore fund.
Piramal Enterprises promoted real estate private equity firm Indiareit Advisors, which shelved its plans to raise $500 million offshore fund, has closed its new domestic fund focused on the Mumbai redevelopment market and is looking to strike its...
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