India's Essel launches $184m real estate fund
The private equity unit of India's Essel Financial Services is targeting INR5billion ($92 million) for its first real estate fund. It will invest in residential projects in large cities across the country.
India Asset Growth Fund-Series I is being raised from domestic investors and includes an option to raise a further INR5 billion. It is held and managed by Essel Finance Advisors & Managers, part of Essel...
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