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Mr. Ramesh Sanka, managing director of DLF Cybercity Developers, which is renowned real estate developer DLF’s rental and leasing business has resigned from his post. He is a mechanical engineer and a management graduate and was working with this group for last 10 years and helped the company in selling some of its non-core assets. [...] Continue Reading »
Blackstone Group LP, a leading private equity (PE) investor in India, is planning to increase their exposure in real estate in India. Structured finance deals, according to experts, have been quite common as the cost of equity has increased significantly due to unfavourable Indian macro situation. Another PE investor, Kohlberg Kravis Roberts (KKR), says it [...] Continue Reading »
