Latest Answer: Right Amreesh,
In addition, such large sums have not been put resources into Indian realty since 2008-09. Right after the financial crisis, triggered by the breakdown of Lehman Brothers in September 2008, PE transactions in the domestic real estate sector had contracted in numbers as well as in ticket size.
Q:The US-based investment bank, Goldman Sachs, is in advanced talks with Piramal Realty to pick up a stake in some of the most recent real estate assets in a deal that could be worth Rs. 800 crore.
Latest Answer: Piramal Realty launching its Piramal Aranya Project in Byculla on 1st of March 2016 - For More details : http://properties.iproto.org/piramal-aranya-ranibaug-byculla/
Latest Answer: Last time when these giants were invested in Indian real estate, projects got delayed, approvals got delayed and execution also got delayed. All these factors killed the returns expected by them. The slowing economy and global slowdown did not help either.
This time they have full confidence and become aware of Indian real estate is well balance to grow this time around due to the new government, clearing of real estate investment trusts, relaxed land acquisition norms and so on.