Why Indian real estate is a classic bubble

Landmark Holdings was an early financial investor in real estate projects in India in 2002. It is part of the Dalmia group, a diversified Indian business group with interests in cement, industrial ceramics, engineering, steel, agri-commodities, information technology and private equity. We speak to Gaurav Dalmia, founder and chairman about his views on the real estate opportunity. What prompted you to focus on real estate investing? We were benchmarking returns from our various altern…