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

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...

By Rajesh Mascarenhas, Baiju Kalesh · Bloomberg Markets

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.