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Hyderabad topples Bengaluru in realty PE deals


snoww

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Hyderabad

Hyderabad: Hyderabad witnessed a sudden burst in private equity (PE) investments in 2018, making it the second most attractive investment destination after Mumbai, positioning ahead of Bengaluru and Chennai.

The city attracted over $1.1 billion, a more than three-fold increase in investments compared to $320 million attracted between 2015 and 2017. This growth spurt was largely led by commercial real estate, with the Phoenix Group receiving vast private equity infusions through multiple deals amounting to over $750 million, a ‘Private Equity in Indian Real Estate’ report of Anarock Property Consultants said.

 

Hyderabad

The thickly-populated major IT/ITeS hub of India, Hyderabad, is fast transforming into a mega-city with high liveability index. Furthermore, the city enjoys the benefit of a circular development due to the outer ring road which helps in multi-directional growth, the report points out.

“While the city is poised for growth and can continue to attract PE investments in the coming years, it will be interesting to see if this intensity continues in the coming years,” said, Shobhit Agarwal, MD, Anarock Capital.

Between 2016 and 2017, the main southern cities cumulatively saw just 18 per cent (in 2016) and 17 per cent (in 2017) of the total PE investments. This share jumped to 54 per cent in 2018, backed by deals in Hyderabad.

National trend
Nationally, institutional investors invested more than $4 billion across the real estate segments last year. The commercial office segment saw the highest inflows, accounting for 70 per cent share of the total institutional investments into the industry. Retail real estate came in with seven per cent, and the residential sector drew the least private equity among the three sectors, with less than seven per cent of the overall share.

Agarwal added, “The retail real estate sector is riding high on India’s growing consumerism-not just in metros and tier 1 cities but also in tier 2 and 3 cities. Nearly 46 per cent of institutional investments in retail spaces between 2015 and 2018 were made in non-metro cities such as Bhubaneshwar, Chandigarh, Indore, Amritsar and Ahmedabad.”

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2 hours ago, snoww said:

Sendral Sir endi mari Hyderabad Brand Image gone in last 5 years antunnadu @3$%

AP NI country sese busy lo anni emo emo matladuthunnadu sendralu and pappu

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