Realty sales, PE investments to improve in 2016


The real estate sector is likely to see improvement in sales and equity deals in 2016 as the economy shows signs of revival on the back of various policy decisions taken by the government, a report said.

Budget 2016 - According to a survey jointly conducted by JLL and RICS, nearly 66.7 per cent of respondents foresee improvement in sales over the next 12 months.

“Pure equity investments have seen a return and been on the increase and the momentum is expected to continue over the 12 months. This aligns with the recalibration of the investment community’s role as a long term partner with key and select developers,” it added.

Union Budget 2016-17 - A majority of respondents, however, feel that equity investments will be restricted to Grade A names and will not be available for developers with limited institutional financing track record over the next 12 months. 
Read Full Article Over Here : Business Standard News 

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