'

India Real Estate for Sale

Sunday, April 20, 2008

Lehman to launch India real estate fund

MUMBAI, April 16 (Reuters) - Lehman Brothers Holdings Inc. sees opportunities in India despite volatile markets, and will launch its first dedicated India fund this year for real estate, the investment bank's country head said in an interview published on Wednesday.

"We are now starting to see some excellent investing opportunities, at both the project level and company level," Tarun Jotwani, chairman and chief executive of Lehman Brothers India, told the Mint paper.