at the very Core of it all … is Content!
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 …
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 …
Gurgaon, 30th December 2015: JLL, one of the world’s leading real estate investment and advisory firms, has announced the completion of their mandate for sale of the 156 keys Ganesh Meridian Hotel at Ahmedabad. The little over one year-old hotel located on the SG Highway has been acquired by Caspia Hotels, a fully-owned subsidiary of …
India has for the first time approved legislation allowing the creation of real-estate investment trusts (REITs), a long-awaited move that should result in greater stability for the real estate industry in the country. The formation of REITs – funds that own real estate but have shares that are listed on the stock market – …
Investment Sale – Gaining Ground Real estate is a business that requires regular funding, be it at the acquisition or execution stage. To raise funds, developers in India opt for modes like joint venture, pre-sale and construction finance. Construction finance can work out cheaper but is difficult to obtain because of the strict guidelines …
Shobhit Agarwal, Managing Director – Capital Markets, Jones Lang LaSalle India The RBI has reacted sharply to the fact that a number of banks and housing finance companies are promoting home loan products such as the 80:20 or 75:25 schemes, which involve tripartite agreements involving lenders, developers and property buyers. The basis of this move …
Project Costs Moving Northward While banks have aided most real estate development in the past, the cost of debt is getting higher by the day. The strict guidelines introduced by RBI have made real estate lending even more expensive and cumbersome. Currently, the costs of key inputs for real estate development are up by at …
Shobhit Agarwal, Managing Director – Capital Markets, Jones Lang LaSalle India: As India’s GDP is poised for its slowest growth in over a decade, the Reserve Bank of India (RBI) has revised their monetary policy. The RBI has further lowered the REPO rate an additional 25 basis points (0.25%) to 7.5%. The revision in the …
The Reserve Bank of India (RBI) announced certain monetary measures in its third quarter review today (29th Jan 2013). Some of the key policy measures are – · 25 bps reduction in repo rate from 8% to 7.75% (consequent adjustment to reverse repo rate to 6.75%) · Reduction of bank rate to 8.75% · Reduction …