“Our study reveals that while vacancy has been rising across the residential segment in Bangalore, budget housing projects launched during the last one year have reported resilient demand even during the down turn,”Indiareit CEO Ramesh T Jogani said
The fund which manages $450 million, also started its open ended fund offering of Rs 500 crore which will be closed by January 2010.
(Published 05 November 2009, 15:46 IST)
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