Tuesday, May 26, 2015 | Latest E-book
You are here: Home » Topics » » Goldman Sachs » Videos

Goldman Sachs, Indian developer to invest $250 million in real estate| Reuters

May 14, 2015    

NEW DELHI Investment bank Goldman Sachs (GS.N) and Indian developer Nitesh Estates Ltd (NITE.NS) will together invest $250 million in buying income-producing assets in the country, the companies said in a statement on Thursday.The investment comes days after India eased tax and other regulations to enable companies to set up and list real estate investment trusts (REITs), giving debt-laden developers a fresh avenue to raise funds and kickstart development."We believe the cyclical recovery in India has begun. The new government is focused on boosting potential growth and removing bottlenec...

Read More