Tag: Global Financial Turmoil

IL&FS raises 895 million dollar

December 9, 2008 – 3:45 am

Indian private equity firm IL&FS Investment Managers Ltd has raised $895 million for a new realty fund, tapping global investors despite the global financial turmoil and falling property markets. The firm, one of India’s oldest private equity players, is also pulling money together for the first tranche of an Asia infrastructure fund, which it hopes […]

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Lehman Crisis May Pull Down Property Prices

September 17, 2008 – 6:48 am

Real estate prices are expected to soften further as the current global financial turmoil would force cash-starved builders to offer hefty discounts. The collapse of financial powerhouses like Lehman Brothers and the consequent liquidity problems will stop the inflow of fresh investments into India’s real estate sector. According to analysts, the crisis, which comes at […]

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