Over USD 25 Bn Worth Of REIT Launches In Next 3 Years – ANAROCK

Over 150 mn sq. ft. rent-yielding office properties could get listed in the top 7 cities in 3 yrs; this is 25-30% of the total Grade A office space in India Top 7 cities have close to 550 mn sq. ft. Grade A office supply; of this 310-320 mn sq. ft. is REITable currently Prestige, RMZ Corp, K Raheja Corp, Godrej Properties & Panchshil Realty gearing […]

Indian REITs: Where They Are Now (And Where They Need to Go)

Shobhit Agarwal, MD & CEO – ANAROCK Capital With the Indian real estate sector in the throes of a severe liquidity crunch, Real Estate Investment Trusts or REITs offer a funding lifeline to foreign and domestic investors to pump badly-needed money into the market. The overwhelming response to the launch of India’s first REIT by […]

Real Estate Attracts $2.2 Bn Institutional Funding in H1 2019, 31% Yearly Fall

PE & NBFC investments close to USD 2.2 bn in H1 2019 (approx. USD 3.2 bn in H1 2018) Commercial real estate had a 64% share with USD 1.4 bn inflows Private equity alone pumped in USD 2.1 bn in H1 2019 against USD 2.6 bn a year ago Inflows from NBFCs saw a 73% […]

Project-Level Consolidation On The Rise

Stuck housing projects get a new lease of life More than 90% consolidation in Indian real estate at project-level; only a few (such as Indiabulls) consider exiting realty business altogether After DeMo wiped out fly-by-night and many small developers, liquidity crisis led Big Boys to take up stuck/delayed projects Preferred consolidation models include JVs, alliance, development management contract, […]

Entity-Level PE Inflows In Indian Realty Up 17% In Last 2 Years

Shobhit Agarwal, MD & CEO – ANAROCK Capital Previously, private equity (PE) funds focused on Indian real estate were content with investments at the project level. Now, investors’ preference is now gradually tilting towards entity-level investments. Data trends from ANAROCK’s recent report Private Equity in Indian Real Estate indicate that the share of entity-level investments is on […]

What ROI Can One Expect From REITs?

Shobhit Agarwal, MD & CEO – ANAROCK Capital About 50% of India’s total office stock is REITable – up from 30% in 2 years Projected 5-year returns on commercial assets is 14% REITs could further percolate down to other asset classes like retail and logistics The listing of India’s first REIT by Blackstone-backed Embassy Group has been […]

50% of Indian Office Stock Qualifies for REITs

Shobhit Agarwal, MD & CEO – ANAROCK Capital About 50% of India’s total office stock is REITable – up from 30% in 2 years Low returns, lack of sound rental policy eliminated residential’s REITs candidature Projected 5-year returns on commercial assets are 14% The listing of India’s first REIT by Blackstone-backed Embassy Group has been […]

The NBFC Real Estate Crisis – What, Why and What Next?

Shobhit Agarwal, MD & CEO – ANAROCK Capital NBFCs account for over 50% of total developer financing – close to INR 4 trillion in FY2018 Real estate has already exhausted over 75% of available credit Consolidation of not only developers but also NBFCs on the cards As an alternative to the main banking sector, Non-Banking […]

ANAROCK Report Underscores Gujarat’s Thriving Economy, Housing Opportunities

Compact homes (area less than 646 sq. ft)see maximum traction in Vadodara Surat’s residential market set to boom on the back of DREAM City Ahmedabad, 26 October 2018: Gujarat’s real estate market presents a mixed bag of highs and lows, according to ANAROCK Property Consultants’ report ‘Gujarat – Land of Innumerable Possibilities’. As knowledge partner for the event, […]

NBFC Crisis – Real Estate on Tenterhooks!

Shobhit Agarwal, MD & CEO – ANAROCK Capital It may be true that ‘when the going gets tough, the tough gets going,’ but this doesn’t hold true for the Indian real estate sector currently. The ongoing NBFC crisis post IL&FS default has made things even more difficult for developers. Post the banking system’s freeze on […]