Multiple choice

Identify the company that Morgan Stanley had acquired for 675 crores.

  1. Ansal Housing

  2. Oberoi Constructions

  3. Parasvnath builders

  4. TDI
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In 2007, Morgan Stanley Real Estate invested Rs 675 crores in Oberoi Constructions, a leading real estate developer in Mumbai. This was one of the largest PE investments in Indian real estate at that time. Ansal Housing, Parsvnath, and TDI are also real estate companies but were not the target of this specific Morgan Stanley investment.

Keep practicing — related questions