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IL&FS PE exits Indore residential project at a loss

By Swet Sarika

  • 13 Sep 2017
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IL&FS PE exits Indore residential project at a loss
Credit: Thinkstock

A real estate fund managed by private equity firm IL&FS Investment Managers Ltd has fully exited its 10-year-old investment in a residential project in Indore, Madhya Pradesh, with a haircut.The fund, Yatra Capital, had put in €7.71 million in the Treasure Town project in 2007 for a 40% stake. It ......

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