Prestige Estates places shares amid India rally

One of India's largest real estate development firms becomes the latest to hold a QIP, raising $100 million and illustrating the country's improved post-election mood.
Bangalore is one of the country's most popular destinations for real estate investment
Bangalore is one of the country's most popular destinations for real estate investment

Indian real estate development firm Prestige Estates Projects raised $100 million from an accelerated qualified institutional placement on Tuesday as investors continue to flock to India after its recent election.

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