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