While Singapore’s GIC has already invested in India's airport and real estate sectors, it is reportedly now planning to invest up to $1 bn to acquire operating toll and annuity assets through an investment platform, to expand its presence in the country’s infrastructure sector.
Smart city initiatives in the Asia Pacific will not reach their potential if they focus on delivering cutting-edge technologies without paying enough attention to the needs and experiences of citizens, according to new research, Smart Cities Success: Connecting people, proptech and real estate, released by leading real estate consultant JLL recently
With a target to make India the world’s third largest economy by 2030, the government has its mission set.
New MODI 2.0 government is all geared to set the ball rolling with its first union budget presentation on July 5. With this, Indian real estate sector builds the wish list in anticipation to give much required impetus to the slow-moving sector.
• The real estate sector, a key component of the country’s growth story, attracted announced investments worth USD 7.2 billion across 65 transactions in the past year
On account of water shortage, many construction players have slowed down their activities
After a long wait, India is witnessing the country’s first real-estate investment trust (REIT) listing – Embassy Office Parks REIT (Embassy REIT), under the leadership of its CEO Mike Holland.
REITs have a proven and successful track record in several Asian countries
Among the largest ceramics’ brands in the world, RAK Ceramics specialises in ceramic and gres porcelain wall and floor tiles and sanitaryware.
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