Private Equity Funds Invest Rs 4,800 Crore in Indian Realty in March Quarter: Report

Private equity funds pumped in about Rs 4,800 crore in the realty sector mainly in corporate land deals in the January-March quarter, property consultant CBRE said on Thursday. These investments came at a time when sector faced liquidity crunch, high land acquisition costs, and stringent due diligence from the banking sector-which continues to perceive real estate as a high-risk domain in India, CBRE added. "For the quarter e...