Bringing lower cost capital to property developers with significant upsides and security to lenders.
Published: Oct. 12, 2021 at 8:00 PM CDT|Updated: 7 hours ago
DUBAI, United Arab Emirates, Oct. 12, 2021 /PRNewswire/ — The Indian real estate industry is in the spotlight, global investors have invested US$ 5 billion of investments in 2020 alone and has seen the participation of marquee investors like Blackrock, Oaktree, Bain Capital, Capital Land, Sumitomo, Meritz etc.
However the capital has been focussed on the larger cities and is still inadequate to fill the funding requirement in India. VC Circle estimates the real estate funding gap in India at US$ 100 billion.
This funding gap is most felt in the 104 Tier 2 cities in India, already representing 75% of India’s aggregate GDP. Real estate activity in the Tier 2 and 3 cities are experiencing the highest growth…