Qatar Investment Authority to invest USD200 m in India

24 Dec 2013

(MENAFN) Qatar Investment Authority (QIA), the sovereign wealth fund of the Gulf state, plans to invest USD200 million in residential properties in India, according to Gulf Daily News.

QIA is in talks with Kotak Realty Fund, run by Kotak Mahindra Bank Limited, which is expected to manage the investments on behalf of the fund.

Kotak plans to focus on residential property developments in major cities across India, Asia’s third-largest economy.

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