Even if capital and interest rates remain high, Hyderabad's residential demand will remain strong. It is because Hyderabad has all the necessary components to become a genuinely global city. Institutional investors and lenders' interest in the town is therefore anticipated to remain high shortly. In addition, multinational corporations and others are also snapping up office space.
The first real Estate (RE) focused investment summit was held on Monday and was put on by the Confederation of Real Estate Developers' Associations of India (CREDAI) in Hyderabad in conjunction with the boutique investment banking and financial services firm Upwisery.
Anuj Kapoor, the founder of Upwisery, led a panel of distinguished fund managers from renowned financial institutions as they discussed real estate investments and Hyderabad's market potential. Sharad Mittal, CEO of Motilal Oswal Alternates, was one of the speakers. He stated that the fund had invested in more than 15 real estate projects over the previous five years. He predicted the city would continue to draw sizable new investments given its diverse economic base, first-rate infrastructure, and cosmopolitan culture.
Sundaram Alternates Karthik Athreya, director and head of strategy, claimed the project developers had completed their work on schedule and under budget. According to Mr. Anuj Kapoor, his company has engaged in more than 50 sizable, structured funding transactions in Hyderabad involving all real estate assets.
According to a press release, participants included Vaibhav Agarwal, head of credit and risk for Tata Capital Housing Finance's construction finance division, Parvesh Sharma, President P. Rama Krishna Rao of CREDAI-Hyderabad, General Secretary V. Rajashekar Reddy, and others.
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