India’s real estate sector emerged as a formidable force in 2024 led by robust demand, diversified growth, and investor optimism. This year is set to be a landmark year, marked by record-breaking office leases, a decade-high in residential sales and launches, and soaring consumer confidence in the residential segment. Significant foreign investments and expansions by…
READ MOREThe approval of 12 new National Industrial Corridor projects and substantial funding of ₹89,287 crore for healthcare and ₹1.48 lakh crore for education, among other major fund allotments, will further bolster infrastructure development across various sectors, enhancing service quality and benefiting citizens nationwide. Private infrastructure investment, accounting for approximately one-fourth of the total infrastructure expenditure,…
READ MOREBrokerage firm CLSA has decided to reverse its earlier move from India to China, citing growing concerns over China’s economy and investor sentiment. This change comes after Rs 1.2 lakh crore in foreign institutional investor (FII) outflows from India in recent months, which has affected the Indian market. CLSA notes that Chinese equities have faced…
READ MOREIn its November 2024 policy meeting, Federal Reserve Chair Jerome Powell announced a 25 basis point (bps) cut in the federal funds rate, lowering it to a target range of 4.50% to 4.75%. This move followed a larger-than-anticipated 50 bps cut in September, marking a gradual pivot by the Fed amid a cooling US labour…
READ MOREPrestige Group, a real estate development company, has acquired approximately 17.45 acres of land in Whitefield, Bengaluru, for Rs 462 crore. The newly acquired land has the potential to develop over 2.68 million square feet for a residential project, according to the company.“We are excited to expand our presence in Bengaluru with the acquisition of…
READ MOREEarlier this week, China introduced significant policy measures, including a 20bp OMO rate cut, a 30bp MLF rate cut, and adjustments to the prime loan rates. Deposit rates will decrease by 20-25bp, and a 50bp RRR cut will inject around RMB 1 trillion in liquidity, with further cuts possible. The PBOC will also reduce mortgage…
READ MOREIndia’s office space demand is increasing steadily, driven by a diversifying landscape of occupiers from various sectors like technology, engineering & manufacturing, BFSI, healthcare, consulting, and flexible workspaces as opposed to traditional dominance of the technology sector Over the next three years (2025-27), engineering & manufacturing and BFSI occupiers are expected to lease about 11-12…
READ MOREIndia is projected to have a potential Small and Medium Real Estate Investment Trusts (SM REITs) market value exceeding $ 60 billion by 2026, with over 350 mn sq ft of ready commercial office stock. Among the top seven cities, Mumbai leads the potential SM REIT-ready completed stock with 75 mn sq ft as of…
READ MORESingapore-based global institutional investor CapitaLand Investment is looking to raise over $200-250 million through a fund to invest in India’s burgeoning data centers sector and the fund is expected to be concluded in the next few months, said a top executive.This fund is part of CapitaLand Investment’s plan to more than double its funds under…
READ MORESingapore-based global institutional investor CapitaLand Investment plans to more than double the funds under management in its core market of India by 2028 from S$7.4 billion as of June-end. The proposed investments in India will contribute to the Asian capital manager’s global target of achieving S$200 billion in funds under management over the next four…
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