India real estate: price correction looms
Gaurav Dalmia, founder and chairman of Landmark Holdings, an investor in India real estate projects, says that while property prices in larger cities are due for a correction, there are plenty of investment opportunities available.
What is your current portfolio of real estate assets in India
Landmark has invested mostly in housing developments as we believe this is currently the best asset class in the country for private equity investors. There are no exit event risks since the housing stock is self-liquidating. Housing is a larger asset class than office, retail or hospitality. Revenue visibility is better. In some markets, office or retail may be safer but mostly housing trumps these, as many US investors,...
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