Kotak Real Estate Fund to invest Rs 400 crore in Gujarat

Kotak Real Estate fund is looking to invest Rs. 400 crore out of a proposed corpus of Rs. 2,000 crore in real estate in Gujarat. The real estate investments would be in areas such as SEZs, townships, residential and commercial complexes and hotels. Kotak finds the Gujarat realty market attractive,as prices are relatively cheap as compared to other markets in the country.

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By INRnews Correspondent

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