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Despite few deals, realty PEs on fundraising mode
The real estate sector in India, which is in a slump, is witnessing a flood of new or follow-on private equity (PE) funds in the market. Though funds launched last year found it tough to raise money, 2012 has seen more firms jumping on the fundraising bandwagon. This is despite the fact that PE/venture capital (VC) deals in realty have come down drastically in 2012 so far. According to data from VCCedge,
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