Who Bought The Real Estate Fall ?

It makes perfect sense to go bargain hunting, especially in the Indian Realty space which corrected more than any other industry vertical in the recent crash. Here is the data on who bought into recent the fall.

• Pan Atlantic in Sobha Developers $10 mn invstment in SPV developing residential project in Bangalore
• LTG International pumped $12 mn in Subsidiary of Prozone Enterprises, Provogue's real estate arm
• Samara Capital invested $12 mn in Shriram Land Development
• Kotak Realty Fund & Sun- Apollo Ventures bought 50% stake in Janapriya Projects and 65% stake in Janapriya Townships respectively. Funding details was not disclosed.
• AIG Global Real Estate pumped into 8.5 mn sft Velankani Tech Park which is a notified IT SEZ in Sriperumbudur, Chennai
• Orient Global bought 1.2% stake in HDIL through the stock market route

Stay tuned for Red Hot updates on the Indian realty sector.