Jan 13 (Reuters) - Singapore property funds Ascendas Real Estate Investment Trust and Mapletree Investments Pte Ltd are in talks to invest a total of about $100 million in a special economic zone near the Indian city of Pune, three sources with direct knowledge of the matter said.
The funds are negotiating with Indiareit Fund Advisors, a property fund managed by Indian billionaire Ajay Piramal, and real estate developer Paranjape Schemes to buy a majority stake in the Blue Ridge SEZ, the sources said. Full story
