Ansal API and Raheja Developers are investing substantially in SEZ projects to revive a sluggish real estate market, with ambitious plans across multiple states.
The government is set to introduce new norms for VC and PE funds, aiming for transparency and equitable distribution of investments across sectors, including real estate.
Assocham projects $21 billion FDI surge in Indian real estate over next 10 years, driven by high expected returns and anticipated regulatory changes.
Private Equity deals in Indian real estate and infrastructure reached $2.32 billion in H1 2008, a slight increase but with smaller deal sizes. Sluggish market conditions and funding challenges led developers to seek PE funding, with Red Fort Capital and others closing deals.
SatyaVani Projects plans to raise $150 million from European REITs to fund projects in Hyderabad, Bangalore, and Visakhapatnam.
Emaar to invest $150 million in three Emaar MGF projects, marking the first major fund infusion since a failed IPO. This equity stake will be in separate SPVs developing retail and office properties in Gurgaon and Mohali.
Sobha Developers sold 40% stake in a Bangalore residential township project to Dubai's Pan Atlantic for $10 million. The project is estimated at 1.05 billion rupees.
The Indian property market is experiencing a consolidation phase as liquidity issues lead mid-sized developers to sell off properties and attract investors.
Frasers Hospitality plans PE funds in Asia, aims to expand portfolio despite market challenges
Vaishnavi Infrastructures secures $25 million from Actis for its Bangalore project, comprising 925,000 sq ft of residential and retail space. This marks Actis India Real Estate Fund's first investment.
Red Fort Capital plans to invest Rs 3,500 crore in Indian real estate projects over the next two and a half years, focusing on Tier I and II cities, and potentially Tier III locations.
JMD Real Estate plans Rs 200-300 crore public issue and private equity fundraising with Cushman & Wakefield valuation support.
Unitech scraps $600M REIT listing in Singapore, shifts focus to private equity funding for real estate projects.
BPTP Group paid Rs 1000 crore to Noida authorities as first installment for its 95-acre project, utilizing internal accruals and past PE investments. The remaining Rs 250 crore will be paid soon. BPTP outbid DLF and Omaxe for the project, facing a tight deadline due to funding challenges in the current real estate market.
Alok Industries is in talks to sell a 20% equity stake in its unit, Alok Infrastructure, to private equity firms, aiming to raise Rs 600 crore for development.
Private equity investments in India's real estate sector have surged in 2008, driven by lower valuations and a liquidity crunch, offering a prime opportunity for investors.
Saffron Group, promoter of Yatra Capital, plans to become a leading real estate player with long-term investments in upcoming properties and rental income generating assets.
Mahindra Lifespace Developers Ltd may explore private equity funding for future projects but has no current plans to dilute its stake, according to Vice-Chairman Arun Nanda.
Emaar MGF is negotiating $800 million investments from Goldman Sachs, Deutsche Bank, and another investor in three SPVs, enhancing their development projects amid market challenges.
Developers in India are projected to invest $5 - 10 billion in retail space, with several major projects announced in Mumbai, Hyderabad, and Bhopal.
JP Infrastructure Pvt Ltd of Ahmedabad is negotiating with a private equity fund to raise ₹200 crore, while planning an IPO and various real estate projects.
Deutsche Bank's RREEF to invest $1B in Indian real estate over three years, targeting residential, retail, hospitality, and commercial projects in western and northern India.
Amrut Runwal Group is entering the hospitality sector with a five-star hotel in Pune, scheduled to open by June 2009, under the Ramada brand.
GIC Real Estate plans to expand its investments in India, focusing on private equity deals and a joint venture in the hospitality sector, driving potential growth.
HDIL announced a $250 million investment from DE Shaw in its affiliate Mack Star Marketing for a commercial complex in Andheri amidst a challenging real estate market.