The benefits of a Lender’s Engineer’s services in terms of project monitoring are not limited to providing security to lending institutions – they are also an important component of risk management and value addition for the developer himself.
The macro-economic concerns are having a cascading effect on Indian real estate. Here are the considerations that the sector needs from the upcoming budget as well as in terms of overall enablement
Over the last six months, the housing market in Mumbai had started showing signs of revival after an 18-month period of sluggishness beginning in the 4th quarter of 2010. The hiked Ready Reckoner rates could dampen that revival.
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.
Our latest release Finding Real Value in a Course Correction highlights how private equity players have made a sustained change to their investment strategy & developers have modified their development mechanics to ensure value creation for their investors and partners during times of uncertainty.