Realty firms looking to diversify
The Indian realty and asset management companies, with piles of money in their kitty, are looking to hedge risks by diversifying their business.Construction giant Ansal wants to enter the hydel power business via a 100 per cent subsidiary. Realty will remain the focus area as clearances for their mega township project in Greater Noida is already in and the nod for the SEZs are also due.
