In an exclusive chat with VCCircle, Sunil Rohokale, chief executive officer and managing director, ASK Investment Managers, says LPs are adopting a cautious approach while committing capital for real estate. While domestic LPs are concerned about oversupply situation across the markets, offshore LPs want a stable tax regime, decisive guidelines on FDI and strength of economy to get reflected in the value of rupee. 

He also shares his list of expectations from the upcoming Union Budget 2015. Listen in as he talks about what drives him to clinch pure equity deals when the rest of the fraternity has adopted structured debt route, the evolution of real estate PE industry, his inclination to participate in commercial assets and more.

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