New housing products for Bangalore and Hyderabad

Abstract

The Indian real estate sector has grown rapidly over the last few years, with its stakeholder profile evolving from locally-focused, privately-owned firms to increasingly corporatized, professional organisations funded with public capital and having multiple market and product strategies. A wider participation of institutional PE investors in the capital intensive business beyond the traditional lenders has played a critical role in the change. PE investments in Indian real estate has penetrated deep into the industry with both domestic and foreign funds fuelling the rapid growth of real estate construction in Indian cities. The opening up of RE sector for FDI in 2005 resulted in transformation of the investment scene in the country.