Kotak Realty joins race to buy IL&FS India Realty Fund 1 IL&FS | Photo: Reuters Reghu Balakrishnan October 5, 2017 PremiumKotak Realty Fund has joined the race to buy IL&FS India Realty Fund I that manages real estate assets worth $525 million, two persons aware of the development said. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Should your colleagues be reading this article too? Contact us for corporate subscriptions at firstname.lastname@example.org.