India Property Developer K Raheja Said to Weigh $700 Million IPO

7177173Z:IN,DLFU:IN,8146343Z:IN,MINDSPCE:IN,CHALET:IN

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Rajesh Mascarenhas

Baiju Kalesh

BLOOMBERG INDIA PORTRAIT

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K Raheja, one of India’s largest real estate developers, is weighing an IPO that could raise as much as $700 million.

Construction cranes

K Raheja Corp Pvt., one of India’s largest real estate developers, is weighing an initial public offering that could raise as much as $700 million, according to people familiar with the matter, potentially setting the stage for one of the country’s biggest listings in the industry.

India Property Developer K Raheja Said to Weigh $700 Million IPO

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