The affordable category has been the saviour of the housing sector, which is experiencing its worst phase in the past five years. One major hurdle faced by lower middle class and EWS citizens is the cumbersome procedure in getting construction plan approved by local authorities. Since it is mandatory to […]
Residential Market Slows Down And HNIs Flock To Commercial Properties
Last year, a Delhi-based high-net-worth individual (HNI) bought a 29,495 square feet commercial property in the Raheja Titanium complex in Goregaon East, Mumbai. The seller was based out of Kenya. Similarly, a tech-based fund bought 48,000 sq ft and 7,721 sq ft at the L&T Seawoods in Navi Mumbai and The Capital […]
ESR Advisers Opine That Realty Slow Down Assisting Warehousing COS Unlock Land Prices
The slowdown in the residential real estate segment is helping warehousing players to unlock large land parcels through joint venture and development agreements, said Abhijit Malkani, co-CEO at ESR Advisers India. ESR, one of Asia’s largest developers and operators of logistics and warehousing facilities, follows an asset-light model. It has […]
US, UAE and Singapore Firms are the leading Investors In The Real Estate Sector of India
While Indian real estate attracted more than $5 billion in private equity inflows in 2019, firms from US, UAE and Singapore remain bullish on the sector even as Japanese and South Korean investors are evaluating options in 2020. As per data made available by Anarock Capital, US-based Blackstone remains bullish […]