OTCQB:DGWR - Post by User
Post by
MaximPeterson Jun 21, 2011 3:06am
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Post# 18741961
Up to $1.5billion!!!
Up to $1.5billion!!!
The combined investments by various groups into Indian real estate market could go up to $1.5bn. Funds are looking at returns of around 16-20%.
The IT and Outsourcing boom in the country has raised the need for quality commercial, residential, hospitality and health care facilities as well
It is expected that the developers will bring in 10% of their own money, and raise the remaining money overseas or in India.
A group of NRIs has raised $150m under the Indian Real Estate Opportunities Fund and are scouting for projects in India.