As before, developers with longer operating history such as Oberoi, Shobha and Prestige who have managed growth effectively over the years and predictability of income will find it easier to raise funds in 2013. It is unlikely that any major player will venture out nationally, with the accent for 2013 remaining firmly on local expansion.
Which cities in India are attracting the maximum amount of funding into real estate today – and into which segments of the property market?
The total flow of PE funds into Pune until December 2011 was approximately US$800 million. This consisted of both foreign and domestic monies through around 32 major transactions over the last five years.
The Jones Lang LaSalle Capital Markets report ‘Reaping the Returns – Decoding Private Equity Real Estate Exits in India’ aims to gain and share a perspective on a PE fund’s exit proposition.
Jones Lang LaSalle India has been honoured with the prestigious India M&A Deal Of The Year award in the Middle Markets category. The award was handed over at the Annual India M&A Atlas Awards 2011 function held in Mumbai recently.