News
Colliers’ Capital Markets & Investment Services Pune closes two big transactions
Pune, June 22, 2022 – In two of the large real estate transactions executed this quarter in the Pune market, a leading real estate developer raised Rs 130 crores for its premium residential project while “Aswani Promoters and Builders” and a leading developer of Pune, have come together for a mixed-use development in Balewadi, spread across 2.2 million square feet.
The project is under approval stage which will have majorly mid-segment residential and some supporting commercials development. Both the deals are facilitated by Colliers’ Capital Markets & Investment Services (CMIS) team of West India.
This investment comes on the back of the Pune market posting healthy growth since last year with prices of residential properties increasing by about 3% year-on-year, according to CREDAI-Colliers-Liases Foras Housing Tracker Report 2022, adding that the unsold inventory dropped 11% on a year-on-year basis.
Piyush Gupta, Managing Director, Capital Markets and Investment Services, Colliers India, said, “Pune Real Estate market continues to be resilient, and has witnessed robust activities in terms of sales, launches, investments and portfolio growth. These two transactions reaffirm the faith of investors and the developers in the growth story of the Pune market and Colliers is proud to have been at the center of facilitating these developments. Having a nuanced understanding of the Pune market, land and capital structures, Colliers’ Capital Markets team endeavour to continue to work closely with all stakeholders to ensure customised win-win solutions.”
-
News3 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News4 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News2 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News2 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News3 weeks ago
Godrej Properties Sells 5000+ Homes of Rs 9.5 cr in Q4FY24, Bookings up 84% YoY
-
News3 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News2 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News3 weeks ago
HRERA Gurugram Rejects Godrej Properties’ Project Extension Application, Account Frozen For Prolonged Non-compliances