Over years, the list of profit-making construction companies has been shrinking.
Take over of Peninsula Land’s equity stake in its Byculla project.
63 per cent in commercial real estate
Now, with the availability of bank debt financing, InvIT issuances can further gain prominence, says ICRA
With a floor price of 49.95 billion, the recent proposal consists of nine highway stretches that run through the states of Uttar Pradesh, Bihar, Jharkhand and Tamil Nadu covering a total distance of approximately 566 km.
Interestingly, investors are also exploring land-only options for long term
Investments in development assets across real-estate asset classes rise to 33 per cent
In just the first quarter, PE real-estate investment came close to $1 bn
Overall, India’s real-estate sector attracted over $4 billion of PE in 2018
Financial closure and land acquisition in roads are major deterrents