BHI is headquartered in McLean, Va., and Gurgaon, India, and has eight full-time employees. As of September 30, 2006, PREI managed $32.9 billion of gross assets ($23.7 billion net) on behalf of more than 300 clients and is ranked among the largest real estate investment managers. “Favorable demographics, a large pool of educated and skilled labor, a liberalized macroeconomic policy environment and greater foreign investment and [...] Manish Parwani who is based in Gurgaon, near Delhi said, “There are structural inefficiencies in the way the commercial real estate business is organized today in India.
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