Piramal Fund Management has emerged as the largest lender to real estate developers at a time when the sector is facing severe slowdown.
Bengaluru's average home prices are Rs 4,000 a sq ft.
Indian property markets are not in the pink of health.
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
'The better developers are seeing good demand (for their housing projects). There are consumers who are buying houses.'
Ajay Piramal bets highly on infrastructure, realty
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