Bangalore : With 2013 coming to an end, the lack of funding is one major obstacle that real estate developers wish to get rid of in the new year, especially since many key policy decisions taken this year will make it easier for developers to ensure funding for their projects. Real Estate developers can expect major investments in the sector either in the form of private equity or through Real Estate Investment Trusts (REIT).
As of now, the largest investor in commercial real estate has been Blackstone. It has made contributions worth $1 billion to the country’s real estate sector, mostly by means of investing in IT parks and Special Economic Zones since 2011. Xander, which controls capital of over $2 billion and over 50 million square feet of residential properties as well as commercial and business properties, is also keeping an eye out for REIT structures, along with other investors such as IDFC and Everstone. Read More