Goldman plans to invest $50m in real estate project

MUMBAI: Investment bank Goldman Sachs is planning to invest as much as $50 million in a real estate project of Ozone Group, a Bengaluru-based developer, two people aware of the matter said. “The talks are at an initial stage. They are evaluating both residential and commercial real estate assets of the developer. They are likely to make an investment in at least one of Ozone’s projects,” the first of the two people said. Goldman could invest up to $50 million. Both Ozone Group and Goldman declined to comment.