The real estate market experiences slower activity during elections, while homebuyers remain active, driven by needs, amid anticipation of policy changes.
Century Real Estate, a Bangalore-based firm, plans to raise ₹400 Cr to refinance existing debts. They are in talks with NBFCs and private equity funds, and part is raised through NCDs.
ASK Property Investment Advisors plans to invest in Indian real estate projects via its new offshore fund, committing $40 million initially.
Residential property prices may decline due to robust demand in certain markets according to Knight Frank India. Both investor and end-user demand contribute to the current real estate market.
Textile company Raymond plans to enter the real estate sector with a residential project in Thane. The project aims to develop surplus land and will be funded by internal accruals, pending shareholder approval.
Unitech raises $300mn from international fund to support residential projects amidst liquidity crunch