LONDON: Foreign investment interest in Indian real estate may suffer a setback due to the global credit crunch but 30 percent-plus returns and the fact that billions of dollars are still waiting to be deployed may shield the sector, one investor said.
Aashish Kalra, co-founder of Trikona Capital which last year raised $500 million via London-listed Trinity Capital, said some investors could face trouble raising capital to invest in Indian property in coming months.
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Thursday, August 30, 2007
Real estate to shrug off global credit crunch
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