- Singapore-based PE firms pumped a total of $3.5 billion in 2017-2018 into Indian real estate.
- Major players such as GIC, Xander, Ascendas-Singbridge are in the process of funneling several billion dollars into the country's realty sector.
Singapore-based PE’ investors already started betting big over India’s property market along with various other emerging sectors, including warehousing and logistics.
Major PE players including GIC, Xander and Ascendas-Singbridge are investing multi-billion dollars across the country's realty sector, specifically, in its south Indian cities.
Around 1/3rd of the country's total PE’ investments amounting $14 billion in the realty sector done by Singaporean based firms, all-time highest across both domestic/foreign investors.
Under tight funding situation in banks and NBFCs (nonbanking finance companies), Indian realty developers apparently being compelled to explore more debt/equity funding across various (PE) firms. Singapore-based investors were ranked among the top in the list, accompanied by private equity (PE) players from the USA, Canada, and Mexico. After setting up a solid base in greater China, India is emerging as one of the preferred destinations for investors.
A mix of high-performing Singapore projects have established a robust foothold in India's commercial market over the past few years, through their tolerant and long-run outlook. Over $1.15 billion was invested into India’s real-estate sector back in 2015-2016, and around $3.5 billion in 2017-2018. In recent times, they are also aiming to expand their portfolios and scrutinizing emerging markets including warehousing and logistics. In the last few years, GIC invested more than $2.5 billion, aiming significant cities such as Chennai, Mumbai, Hyderabad, Bangalore, and NCR.
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