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. Initial public offerings have become a drawn out process as regulators pick through applications in response to criticisms that firms are overvaluing their land. Kotak Realty Funds is raising $350-million for realestate joint venture projects in India and stakes in developer projects, to help the latter, who have witnesses a narrowing of [...] And Dev land Development, listed on Londonâ??s Alternative Investment Market in January.
West Los Angeles Homes

Information is deemed reliable but not guaranteed.