Landmark Holdings was an early financial investor in real estate projects in India in 2002. It is part of the Dalmia group, a diversified Indian business group with interests in cement, industrial ceramics, engineering, steel, agri-commodities, information technology and private equity. We speak to Gaurav Dalmia, founder and chairman about his views on the real estate opportunity.
What prompted you to focus on real estate investing
We were benchmarking returns from our various alternative investment assets private equity, technology venture capital and real estate. Our real estate IRR's stood out 45%. To provide focus and a separate balance sheet, we started Landmark as an investment company. Today, we have twelve projects with a liquidation...
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