The government’s pro-reform policies for the Indian real estate sector has received a thumbs-up from foreign investors as three major cities have emerged as preferred investment destinations in the Asia Pacific region. According to the Emerging Trends in Real Estate Asia Pacific 2018 report jointly published by PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI), Mumbai, Bengaluru, and New Delhi were ranked 12, 15 and 20 respectively as top investment cities. Continue reading “Bengaluru, Mumbai and Delhi Ranked Among Top Investment Destinations in APAC”
India’s retail sector is heading towards a revolution with close to 34 new malls coming up in top eight cities by 2020. A whopping supply of 13.6 million sq. ft. is expected to come up in the next three years across the country. Experts are pegging the size of retail sector at Rs. 1 trillion by 2020 with an expected CAGR of 15 percent during 2016 – 2020. Continue reading “13.6 Million Sq. Ft. of Retail Supply Coming Up in Top 8 Cities”
Investment in India’s commercial real estate (CRE) market is at an all-time high with local developers as well as foreign investors favoring the sector. The CRE sector has witnessed a flurry of activities this year as developers have been keen on expanding their portfolios through fresh investments and acquisitions. With the first real estate investment trusts (REITs) expected to be listed in December, many developers are expected to join the bandwagon to monetize their existing portfolios.
Continue reading “Developers and Investors Consolidate CRE Portfolio in India”
Foreign investors and private equity players are keenly eyeing the booming logistics and warehousing sector resulting in some big-ticket investments. Growth in the sector is primarily driven by the e-commerce segment with the states of Maharashtra, Gujarat and Andhra Pradesh at the forefront of attracting industrial investments.
Policy decisions strengthen demand
Conducive policy environment and strengthening of the e-commerce logistics platform have revived investment in the logistics and warehousing sector. Policies allowing 100 percent foreign direct investment (FDI) in warehouses and food storage facilities and declaring some zones to be tax-free has made the sector lucrative to investors. Thanks to these positive policies, approximately 7.3 million sq. ft. of industrial and warehousing space was leased in H1 2017 across key cities, a 50 percent increase from H2 2016. Continue reading “Foreign Investors Eye Logistics and Warehousing Realty”