Total Real Estate Loan Equals $93 Bn, Over 62% Completely Stress-Free: ANAROCK

Another 22% under pressure but with high scope for resolution and certainty on principal recovery Merely USD 14 bn worth loans under ‘severe’ stress NBFCs & HFCs together account for 66% total loans while banks consist 34% Of the total, Grade A builders received over $65 bn worth loans, followed by $27 bn to Grade […]

$14 Bn Foreign PE Flows To Indian Real Estate In 5 Years, 63% In Commercial RE

Domestic PE funds invested just USD 2.4 bn in this period – 71% in residential, 25% in commercial RE Another USD 1.6 bn pumped in jointly by foreign funds and domestic developers/investors Foreign PE inflows into residential space comprised an 11% share – approx. USD 1.5 bn The retail sector attracted USD 1.7 Bn of […]

The WeWork Debacle: Good, Bad or Inconsequential?

Shobhit Agarwal, MD & CEO – ANAROCK Capital Coworking giant WeWork has been in the news for all the wrong reasons, and market doomsayers are going to town on the topic. How concerned do we really need to be? Though WeWork is in aggressive expansion mode across the world, its India operations are a minuscule, […]

New Financing Options for Self-Redevelopment

Shobhit Agarwal, MD & CEO – ANAROCK Capital In a bracing and timely new trend, progressive consultancies offering specialised services and financial assistance for the housing sector are beginning to make their mark on the Indian residential real estate landscape. For instance, many consultancies offer rental deposit loans to young professionals who prefer to rent […]

Real Estate Attracts $3.8 Bn Private Equity from Jan-Sept 2019; Nearly 19% Yearly Rise

Private equity investments were over USD 3.2 bn in the corresponding period of 2018 Commercial sector comprised 79% overall share; attracts close to USD 3 bn funds Residential attracts USD 295 mn during Jan. – Sept. 2019 against USD 210 mn a year ago Retail and logistics & warehousing see total inflows of approx. USD 260 mn & USD 200 mn in 2019 […]

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 […]

Government Relaxes FDI Norms for the Indian Retail Sector

Shobhit Agarwal, MD & CEO – ANAROCK Capital The government is on a roll and is making concerted efforts to bring India’s economic growth back on track. In line with the overall demand, the government today relaxed the FDI norms in single-brand retail and expanded the definition of mandatory 30% domestic sourcing norms. This is excellent […]

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, […]