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Motilal Oswal Alternates (“MOA”), the alternative investments arm of Motilal Oswal Group has committed INR 450 Crore with Shapoorji Pallonji Real Estate. The investment has been made against two projects. One of the projects is a partially completed, leased and operational commercial project located in Manesar. The other project is a residential township project which was launched in 2021 and has seen a positive sales response. The investment, which has been made t...
Motilal Oswal Alternates commits INR 450 Cr with Shapoorji Pallonji Real Estate
Perspective on June’s Stamp duty & Registration data for Mumbai By Mr. Sharad Mittal, Director and CEO, Motilal Oswal Real Estate Funds. “The real estate market has remained steady in Mumbai with property sale registrations seeing a mild uptick month-on-month with registration of approx. 9,700 units in June’22. This shows that despite the pressures of inflation, increasing mortgage rates, rise in stamp duty due to inclusion of metro cess and rising input cos...
Perspective on June`s Stamp duty & Registration data for Mumbai By Mr. Sharad Mittal, Motilal Oswal Real Estate Funds
The Reserve Bank of India on Wednesday raised the key lending rate or repo rate by 50 basis points to 4.9 per cent to tame rising inflation, which has been now above the central bank's 6 per cent tolerance level for four months in a row. Repo rate is the rate at which the central bank lends short-term funds to banks. In line with the rate hike by the RBI, some banks and non-banking finance companies too had raised their lending rates, which will essentially lead to an increase in EM...
Here are some reactions of realtors on RBI's policy outcome on realty sector
Below is view on RBI Monetary Policy by Sharad Mittal, Motilal Oswal Real Estate Decadal low mortgage rates coupled with other govt driven incentives and increased value of homeownership during the pandemic provided much needed stability and momentum to the real estate sector. The robust uptake in the demand has continued despite recent inflationary pressures on commodity prices and adverse supply chain constraints. RBI in its last two MPC meetings has hiked interest rat...
View on RBI Monetary Policy by Sharad Mittal, Motilal Oswal Real Estate
Below are Views On Pre Budget note by Sharad Mittal, Motilal Oswal Real Estate “Over the last six months, residential real estate has witnessed a strong recovery wherein almost all top cities are clocking record sales as compared to previous years. Customers and investors who had stayed away from residential real estate over the last 4 to 5 years are returning to the sector. While some part of this recovery may be attributed to pent-up demand, developer discounts and temporary s...
Pre Budget note by Sharad Mittal, Motilal Oswal Real Estate
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