Buyer/Investors interest on Real Estate
Posted: December 17th, 2009, 4:50 pm
Recently much hyped "Godrej Properties" came up with their Initial Public offer to raise funds for their on going and future projects. Even though they projected, they don't have any land bank and they do only projects in partnership with the land owners and they had hired good number of bankers and advisors for this IPO. Finally their subscription rate is as below.
High value investors Ratio: 942975/385710 =40%
Retail Investors: 2828925 /1061671 =37%
Even though TOI is hardly pressurising the buyers/investors by showing some pictures of Roads, flyovers...etc as the development in full fledged way and the prices will increase by 50% in 3-6 month, 100% in next 8-10 months....blah,blah...blah......etc. The above statistics shows the real picture of the Real interest of the Buyers/Investors in the Real estate field.
Look at the comments of a real estate analyst. The Knight Frank Chairman Pranay Vakil said on the sidelines of a Ficci-organised summit, that there was ample liquidity, both from domestic and international sources, for the issues to sail through, but in case, one or two fails, it would be a disaster to the entire market.
God only kows the fate of the upcoming IPO's fate of the 15 Real Estate Companies listed below, which are in line to relase their IPO (trying their last chance to fund their ongoing projects), who are unable to sell their plots,apartments to finish their project and trying to grab the money from the investors to complete their existing projects.
1) Sahara Prime
2) Lodha Developers,
3) DB Realities
4) Kumar Builders
5) Emmar MGF
6) Nitesh Estates,
7) Brigade Enterprises
8) Prestige Estates
9) Ambience
10) Vascon Engineers.
.
.
.
.
.
etc
High value investors Ratio: 942975/385710 =40%
Retail Investors: 2828925 /1061671 =37%
Even though TOI is hardly pressurising the buyers/investors by showing some pictures of Roads, flyovers...etc as the development in full fledged way and the prices will increase by 50% in 3-6 month, 100% in next 8-10 months....blah,blah...blah......etc. The above statistics shows the real picture of the Real interest of the Buyers/Investors in the Real estate field.
Look at the comments of a real estate analyst. The Knight Frank Chairman Pranay Vakil said on the sidelines of a Ficci-organised summit, that there was ample liquidity, both from domestic and international sources, for the issues to sail through, but in case, one or two fails, it would be a disaster to the entire market.
God only kows the fate of the upcoming IPO's fate of the 15 Real Estate Companies listed below, which are in line to relase their IPO (trying their last chance to fund their ongoing projects), who are unable to sell their plots,apartments to finish their project and trying to grab the money from the investors to complete their existing projects.
1) Sahara Prime
2) Lodha Developers,
3) DB Realities
4) Kumar Builders
5) Emmar MGF
6) Nitesh Estates,
7) Brigade Enterprises
8) Prestige Estates
9) Ambience
10) Vascon Engineers.
.
.
.
.
.
etc