The company is looking to sell two projects- Manorwada-Bhiwandi and Vasai Bhiwandi road project.
According to a research report from PwC, in the January- March period, PE exits were valued at USD 1,028 million from 24 deals, registering a decline of 18 per cent in terms of value and 29 per cent in terms of volume over the same period last year.
Private equity players have lost some of their enthusiasm for India, especially in infrastructure and real estate.
CNBC-TV18 learns that Tata Communications may be partnering with private equity players for the financial bid of Cable & Wireless.
A recent report by Jones Lang Lasalle suggested that the realty space in India could see over USD 2 billion worth of outflows next year, increasing the pressure on the beleaguered sector.