India: PE funds invest $2.4b in 53 real estate deals this year

India: PE funds invest $2.4b in 53 real estate deals this year

Deal sizes have increased in 2015, and residential projects, luxury and affordable, attracted a substantial amount of capital. Photo: Mint

Foreign institutional investors (FIIs) and the private equity (PE) funds made a beeline to invest in residential and commercial projects this year, reinforcing their faith in India’s real estate sector, amid a two-year-long slowdown that continues to see tepid sales and an inventory pile-up.

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