PE into Indian retail pauses in 2020 amid Covid-19, but 2021 looks promising

January 29, 2021

Indian retail sector was one of the worst-affected due to Covid-19, which in turn impacted private equity investments into the retail sector in 2020. The year was almost dry for the retail sector in 2020 as against 2019 when it received total inflows of $968 million – the highest between...

50% of real estate cases under IBC closed in 2020

January 9, 2021

SWAMIH Fund has already sanctioned Rs 12,079 crore for over 81,000 units across 123 projects in the country. By 2019 end, nearly 5.76 lakh units (launched in 2013 or before) valued at over Rs 4.64 lakh crore were delayed/stalled in 7 major cities. In July-September 2018, of 209 real estate...

Extension of Covid-19 loan moratorium: The implications

August 4, 2020

Due to the Covid-19 and subsequent lockdowns across the country, the Reserve Bank of India (RBI) allowed banks and other lending institutions a three-month loan moratorium on EMIs from March to May 2020. This was later extended by an additional three months up to August 31, 2020. The moratorium certainly...

At 14% ROI, India’s Real Estate Investment Trust outperformed BSE Realty Index

July 13, 2020

1st April 2019 was a historic date for India as the country’s maiden Real Estate Investment Trust (REIT) was listed on the bourses. The euphoria on Dalal Street was evident with investors placing 181 million bids and the issue being oversubscribed by 2.6 times. On the day of listing, the...