SME Times is powered by   
Search News
Just in:   • AI-first approach will transform our lives: Satya Nadella  • Facebook to remove posts that spur violence  • Two key Apple executives quit amid Siri reshuffle  • NAFTA renegotiations to resume in Washington  • Jindal varsity signs MoU with Harvard on academic collaborations 
Last updated: 12 Jul, 2018  

Realty.9.Thmb.jpg 'Private equity investment in Indian real estate at $4.9 bn during January-June'

Realty.9.jpg
   Top Stories
» Monsoon session of parliament begins Wednesday
» 14.62 mn tourism sector jobs created in last 4 yrs: Minister
» Naidu concerned over disruption in Parliament
» Robust corporate bond market must for 8% growth: Study
» Prabhu woos Omani investors, discusses SME cooperation
SME Times News Bureau | 12 Jul, 2018
Private equity investors invested around $4.9 billion or Rs 33,700 crore in the Indian real estate market during the January-June period of 2018, a Knight Frank report said here on Wednesday.

Factors such as implementation of the Real Estate (Regulation and Development) Act and the Benami Transactions (Prohibition) Amendment Act, infrastructure status to affordable housing projects, relaxation of norms to encourage Real Estate Investment Trust listings among other encouraged investments into the sector, the report said.

"In the first six months of 2018, $4.9 billion (Rs 33,700 crore) has been invested across 31 deals with an average investment per deal of $158 million (Rs 1,080 crore)," it said.

In 2017, private equity investment in the Indian real estate sector reached $8.6 billion, it added.

The report also said that in the coming years, there is a "greater probability that we may witness a blip in the annual PE (private equity) investments" as the assets that were transacted between January, 2016 and March, 2018 in the big ticket deals have a long gestation period and would take more than a decade to mature and become operationally efficient.

In the office space market, private equity investment was $2,784 million during the first six months of 2018, it said.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 19 Jul, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(11)
» Review of Companies Act 2013: A welcome step(9)
» Tech exchange centre launched for Indian, S Korean MSMEs(1)
» Muthoot Finance Starts Mobile Surveillance Squads (1)
» RBI, FinMin must work together for rupee stability: Assocham(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter