Shobhit Agarwal, is MD & CEO of ANAROCK Capital. He is a former managing director of JLL Property Consultants. ANAROCK Capital is the premier investment banking advisory division of ANAROCK Group - India's leading, fastest-growing and most disruptive consultancy in the industry.
US-based PE players top investors in Indian real estate; pumped in ~USD 5.7 bn between 2015-2019 Top Indian cities on their radar include Mumbai, Bangalore, Hyderabad, Pune, & Chennai among others Of total USD 5 bn PE inflows in Indian realty in 2019, US firms accounted for significant 36% share (or ~ USD 1.8 bn) Since 2016, Indian real estate saw Y-o-Y rise in PE inflows by US PE funds – from USD 526 million in 2016 to over USD 1.8 bn in 2019 With US becoming the new epicentre of COVID-19, PE funds could hold on to their India investment plans Some cash-rich players could scout for good bargains amid the carnage Major US-based private equity players include Blackstone, Hines, Warburg Pincus, Goldman Sachs etc.
Over 62% of the total loan advances ($93 bn) to Indian real estate by banks and NBFCs/HFCs is currently completely stress-free, reveals a study by ANAROCK Capital.
In 10 years (2005-2014), foreign PE investments in Indian real estate were USD 9 bn; last 5 years alone saw 84% surge. Singapore-based funds kick-started the Indian real estate investment spree, quickly followed by funds from the US and Europe. Post-2008, most foreign funds withdrew from India due to limited exit opportunities; in 6 years (2009-2014) only USD 3.4 bn came into Indian real estate - most in 2014. Momentum restarted from 2014; 2015-2019 saw USD 16.6 bn of foreign PE investments.
BBN Times connects decision makers to you. Experts in their fields, worth listening to, are the ones who write our articles. We believe these are the real commentators of the future. We quickly and accurately deliver serious information around the world. BBN Times provides its readers human expertise to find trusted answers by providing a platform and a voice to anyone willing to know more about the latest trends. Stay tuned, the revolution has begun.
Copyright © BBN TIMES. All rights reserved.