Monday 22nd July 2019,
Radio Metta

Real Estate

Private equity funding in real estate spikes but fewer developers raking it in

Private equity funding in real estate spikes but fewer developers raking it in

India’s real estate market, which has attracted top dollars from global and domestic investors over the years, is going through an interesting phase where each asset class in the segment has taken a journey of its own. The residential real estate segment, for instance, is emerging from the much-needed regulatory reform of Real Estate (Regulation [...]

May 13, 2019 Loknath Das Real Estate Comments Off on Private equity funding in real estate spikes but fewer developers raking it in

Backed by real estate giants, Housr enters India’s fast growing co-living market

Backed by real estate giants, Housr enters India’s fast growing co-living market

Housr, the newest entrant in the co-living industry, announced its operations on Tuesday. Founded by two real-estate veterans, Deepak Anand and Kalpesh Mehta, Housr is a super aggregator of properties, which creates experiences, fosters communities through state-of-the-art technology-enabled co-living spaces. Housr has received investment from marquee real estate veterans like Abhishek Lodha, MD & CEO, [...]

April 30, 2019 Loknath Das Real Estate Comments Off on Backed by real estate giants, Housr enters India’s fast growing co-living market

Real Estate: Plotting A Revival

Real Estate: Plotting A Revival

The long winter for the real estate sector may finally be giving way to the green shoots of spring. Hobbled by a protracted period of stagnation and capital woes, the sector is showing signs of coming off a long bend in the road. This is true of, at least as far as its biggest player, [...]

April 29, 2019 Loknath Das Real Estate Comments Off on Real Estate: Plotting A Revival

UP RERA rejects applications of 36 real estate projects

UP RERA rejects applications of 36 real estate projects

Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has rejected applications of nearly three dozen commercial and residential real estate projects located in Lucknow, Gautam Buddha Nagar, Ghaziabad, Varanasi, Agra, Bareilly and Meerut as the concerned developers had not completed the formalities or the requisite documentation required for registration, top UP RERA officials said. The [...]

April 23, 2019 Loknath Das Real Estate Comments Off on UP RERA rejects applications of 36 real estate projects

Moscow Real Estate Prices Among World’s Fastest-Growing

Moscow Real Estate Prices Among World’s Fastest-Growing

Moscow’s real estate costs rose at some of the highest rates in the world last year, the global real estate and investment firm CBRE Group said Thursday. The city of some 12.5 million people has seen its cost of living fall this year and it ranked outside the world’s 50 most expensive cities last year. Moscow’s 8.9 percent growth [...]

April 13, 2019 Loknath Das Real Estate Comments Off on Moscow Real Estate Prices Among World’s Fastest-Growing

PEs bet on Hyderabad office real estate

PEs bet on Hyderabad office real estate

BENGALURU: Hyderabad is attracting large institutional investors like Blackstone, Xanderand Ascendas India Trust as they look to tap the growing commercial market in the region. The city saw a sudden burst in investments in 2018, attracting more than $1.1 billion of private equity, a more than three-fold increase in investments compared to the collective previous threeyear period, according to ANAROCK Property Consultants. This growth spurt [...]

April 12, 2019 Loknath Das Real Estate Comments Off on PEs bet on Hyderabad office real estate

Motilal Oswal Real Estate achieves second close of realty fund with commitments of Rs 850cr

Motilal Oswal Real Estate achieves second close of realty fund with commitments of Rs 850cr

Motilal OswalNSE 4.26 % Real Estate (MORE), the real estate private equity arm of Motilal Oswal Financial Services, has achieved the second close of its fourth real estate fund – India Realty Excellence Fund IV (IREF IV) – with commitments totalling Rs 850 crore. It has raised funds mainly from high-net-worth individuals and family offices. “We have raised [...]

April 6, 2019 Loknath Das Real Estate Comments Off on Motilal Oswal Real Estate achieves second close of realty fund with commitments of Rs 850cr

Repo rate cut to ease liquidity, boost sales for real estate sector

Repo rate cut to ease liquidity, boost sales for real estate sector

Reduction in repo rate by another 25 basis points will bring down construction finance costs and ease out home loan rates, giving yet another boost to the real estate sector. Since February 2019, RBI has cut the repo rate by 50 basis points, bringing it down to the April 2018 level of 6 per cent. [...]

April 5, 2019 Loknath Das Real Estate Comments Off on Repo rate cut to ease liquidity, boost sales for real estate sector

Can sops lift real estate investments?

Can sops lift real estate investments?

Estimates peg yields from residential real estate at between 2 and 5 percent and commercial between 8 and 10 percent Image: Frederic Soltan / Corbis via Getty Images India’s real estate sector has been in the doldrums for a while. Unsold inventories were a nightmare for builders even as prices remained stagnant. Besides, a glut [...]

March 25, 2019 Loknath Das Real Estate Comments Off on Can sops lift real estate investments?

Ares Commercial Real Estate Corporation to Present at the 2019 RBC Capital Markets Financial Institutions Conference

Ares Commercial Real Estate Corporation to Present at the 2019 RBC Capital Markets Financial Institutions Conference

NEW YORK, N.Y.–(BUSINESS WIRE)–Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that Tae-Sik Yoon, its Chief Financial Officer, is scheduled to present at the RBC Capital Markets Financial Institutions Conference on Wednesday, March 13, 2019 at 10:40 am EDT in New York, NY. A live audio webcast of the presentation will be available in the [...]

March 10, 2019 Loknath Das Real Estate Comments Off on Ares Commercial Real Estate Corporation to Present at the 2019 RBC Capital Markets Financial Institutions Conference

Home buyers stepping in to bailout stressed real estate developers

Home buyers stepping in to bailout stressed real estate developers

But experts feel the move has it’s own set of hurdles Home buyers are increasing resorting to bailing out stuck real estate projects which the developers are unable to deliver for want of funds. The amended Bankruptcy Law which treats homebuyers on par with secured financial creditors is also facilitating this trend. However, experts are [...]

March 9, 2019 Loknath Das Real Estate Comments Off on Home buyers stepping in to bailout stressed real estate developers

Real estate sector likely to see consolidation: Report

Real estate sector likely to see consolidation: Report

Driven by reforms: Weaker players exit, quality players will benefit, doubling their market share to 20% by FY24 The real estate sector is headed for consolidation with the organised players expected to gain, driven by reforms such as Rera which is improving transparency and raising consumer activism on account of poor delivery by builders. A [...]

March 8, 2019 Loknath Das Real Estate Comments Off on Real estate sector likely to see consolidation: Report