Institutional Money Chasing the Indian Real Estate Sector

We know that every major financial institution wants a piece of Indian Real Estate pie. Here is the record of the Fund and Size in USD Million they have raised to invest in India.

Goldman Sachs proprietary India Fund (partly for real estate) 1000
ICICI India Advantage Fund 800
HDFC India Real Estate Fund 720
Horizon International Fund (Pantaloon Group) 350
Citigroup Property Investors 350
India aReit Fund (Piramal Group) 350
AIG Group 300
Deutsche 300
Maia (Malini Alles) 250
3i Group 160
Xander RE Fund LLC 150
Kotak Mahindra 100
Kshitij Venture Capital Fund (Pantaloon Group) 100
Dream Fund (Dewan Housing Finance Ltd.) 100

Funds deployed So Far:
Name of the Fund followed by Investee company, Amount in USD Million and Stake

Citigroup Property Investors in Gera Developers 125 JV 50:50
HDFC India Real Estate Fund in Ansal IT City & Parks 100 Stake-33%
Siachen Capital LLC in Nitesh Estates 100 PE
Capitaland in Mumbai based Runwal Group 100 JV 49:51
Laing O’Rourke in DLF 100 50:50 JV
Morgan Stanley in Mantri Developers 68 PE
Morgan Stanley in Alpha G Corp 65 PE
3i Group in Suntech group 41 PE
India aReit Fund (Piramal Group) in Suntech group 13.6 PE

Tags: India Real Estate, Citi, Morgan Stanley, Real Estate Funds