â??They need to juice up their returns,â? Krishna said of the willingness of investors to dabble in relatively high risk Indian realestate. Kotakâ??s first fund joined private equity group Warburg Pincus by taking a $10-million stake Lemontree Hotels, a new firm that is building business hotels across India. Initial public offerings have become a drawn out process as regulators [...] Speaking on the sidelines of a conference in Mumbai, Krishna said he was looking to take equity stakes in developers and exit through initial public offerings in three or four years time.
Peru Il Real Estate

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