PE players to create wealth through Indian Real Estate

November 30, 2006	(1 votes, average: 5 out of 5)  Loading ...
Print This Story   Email This Story Subscribe Newsletter

Private equity (PE) players are showing keen interest in including Indian real estate investment in their overall investment portfolio. Morgan Stanley and CVC are two of the big fishes among PE companies that are all set to take a dip into booming “silver” real estate sector through the single project route. Industry analysts believe these deals to roll out in between the range of $20-50 million.

Real estate is probably the hottest market in India. With a majority of real estate companies having poor corporate governance, single project ventures ensure PE investors regarding their being playing it safe with their investments from the beginning, says head of a global private equity firm. PE players are all set to

Although, the boom in Indian realty sector is grabbing the attention of investors, most PE players are inclined to invest in 100-acre integrated townships and other specific real estate projects. Indeed, both global and local PE players are keen on taking this route, according to head, Enam Securities, S Subramanium.

The age old notion of the realty sector being driven by the big players no longer exists. The trend has expanded its offerings to both small and mid size real estate companies as well. A few months back, HDFC Realty Fund had taken 33% equity in an SPV floated by Ansal API for developing an IT SEZ in Greater Noida.

News Published Under:   Real Estate India |

Comments