<p xmlns:fn="http://www.w3.org/2005/xpath-functions">Real estate veteran Anuj Puri, who quit as the head of property consultant JLL India earlier this year, is close to buying two private equity funds worth Rs460 crore from his former employer, two people aware of the development said. </p>
<p>The two funds are the Rs160 crore Residential Opportunities Fund-I (ROF-I) and the Rs300 crore Residential Opportunities Fund-2 (ROF-II), the people said on the condition of anonymity. Puri, they said, is also planning to raise $300 million from offshore investors to invest in property.</p>