india-real-estate-price-correction-looms

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, who were earlier focused on office buildings, are now discovering.

We have eighteen on-going developments, across large cities such as the greater Delhi area and Calcutta, to smaller cities such as Tirupur, Meerut and Bhubhaneshwar....
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