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Piramal Realty may raise Rs 900 crore by means of stake deal
Q: Hi, Mumbai-based Piramal Realty, drove by Ajay Piramal, is accepted to be divesting some stake as it looks to raise Rs 800-900 crore.

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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.
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