Investors are more likely to choke on a glut of India property IPOs set to hit the market this year than gobble them up.
Even though Godrej made a strong debut this month in the first Indian property listing in two years, IPOs of other developers could meet more restrained investor buying as they compete with a slew of large public sector offerings.
At least 16 real estate firms have lined up plans for initial public offers to raise about $6 billion, buoyed by an 81 percent rise in the Mumbai stock index last year and as property buyers return.
More : economictimes.indiatimes.com
Send an E-Mail for India Property Enquiry!
Related News from India Properties
Building a real estate fortune
Real estate has traditionally been an avenue for considerable investment per se, and an investment opportunity for high networth individuals (HNIs), financial institutions as well as individuals looking at parking their money in viable alternatives such as equities, bullion and properties. Money invested in real estate, for income and capital growth, provides stable and predictable returns – similar to bonds – offering a regular return on investment, if the property is rented, as well as capital appreciation. Of course, like all other investment options, real estate too has certain risks attached to it, and they are quite different
India Real Estate: Price Correction Looms
Gaurav Dalmia, founder and chairman of Landmark Holdings, an investor in India real estate projects, says that while property prices in larger cities are due for a correction, there are plenty of investment opportunities available. What is your current portfolio of real estate assets in India? Landmark has invested mostly in housing developments as we believe this is currently the best asset class in the country for private equity investors. There are no exit event risks since the housing stock is self-liquidating. Housing is a larger asset class than office, retail or hospitality. Revenue visibility is better. In some markets,
Rajasthan reeling under heat wave
By IANS, [RxPG] Jaipur, May 4 - Rajasthan continued to sizzle under heat wave conditions with day temperatures Friday hovering between 42 and 45 degrees Celsius, much above normal, forcing people to remain indoors. It is becoming really unbearable, even desert coolers are failing to bring down the temperatures indoors, said Shobhan Singh, a local resident. The scorching heat had foreign tourists in real hard time. This is my second visit to Jaipur during this time of the year. I have never experienced this kind of heat earlier. I am planning to cut short my tour and go back to my
Residential property prices may go down: Knight Frank India
Global property consultancy firm, Knight Frank India, on Thursday said prices in the residential property segment are likely to decline in a short time. We feel prices of residential segment may go down over a period of time, Knight Frank India Chairman Pranay Vakil told reporters here today. The residential segment may see a robust demand in certain markets, he said, adding that it was also a good time for property developers to invest in land. Demand for real estate at this stage is a combination of investor-led demand and end-user demand. While investor demand is due to shift in
Small Property Markets May Be The Next Wave in Booming India
The sheer scale of Indias anticipated demand is expected to propel property developers stocks over the longer haul. But, as ever, holding the right location is what will determine the real-estate winners. Despite some dizzying gains for property developers -- New Delhi-based Unitech has seen its share price nearly triple over the past 12 months, for example, while the Bombay Stock Exchanges main index has risen 38% -- many analysts contend that Indias real-estate party is far from over. In the long term, it is a beautiful story, says Brijesh Koshal, ... • The full wsj.com article is only available to subscribers. • If