bangalore the burman family promoters of the 1billion fmcg major dabur is entering the indian real estate market through a joint venture with a usbased private equity investor said multiple sources briefed on the matter the burmans entry into real estate follows a long list of indian industrial families such as tatas godrej mahindras and wadias among others having entered the market to monetize their legacy land holdings across the country one of the sources citied earlier said that the burmans will be kicking off their real estate foray with a mixeduse development on a 70acre land parcel located along the dwarka expressway in the national capital region a formal announcement on their entry into real estate is expected early next week none from the burman family were available for a comment real estate analysts have always welcomed the move of industrial houses entering the indian real estate sector which carries a taboo of being a murky business thats steeped in controversies big indian industrial houses bring with them certain standards of corporate governance that is far better than what exists in the real estate industry hence their entry puts to rest some of the negative perceptions that consumers have about this sector said a senior real estate analyst at a foreign bank