Latest news with #Colliers
Mint
15 hours ago
- Business
- Mint
Bank credit to realty sector nearly doubles in 4 yrs to ₹35.4 lakh cr at end of FY25: Colliers
New Delhi, Jul 29 (PTI) Bank credit to the Indian real estate sector stood at ₹ 35.4 lakh crore at the end of March 2025, nearly doubling in the last four years, according to Colliers. In a statement on Tuesday, real estate consultant Colliers India said it has assessed the aggregate financials of the top 50 listed real estate companies in India in terms of profitability, gearing and market performance. "India's real estate sector has continued to exhibit marked improvement in terms of financial health in the post-pandemic era, outperforming other major industries in the economy in terms of critical credit and financial metrics," the consultant said. Colliers India noted that the sector's access to credit has improved significantly in absolute terms. "Gross bank credit in India has grown significantly, from ₹ 109.5 lakh crore in FY21 to ₹ 182.4 lakh crore in FY25. Bank credit in the real estate sector has impressively doubled in the same period, from ₹ 17.8 lakh crore to ₹ 35.4 lakh crore," it said, citing RBI data. The consultant mentioned that the real estate sector now accounts for almost one-fifth of the bank credit deployment in the country, signalling growing lender confidence in the sector. "Indian real estate sector continues to demonstrate resilience and financial prudence even in the wake of external volatilities," Badal Yagnik, Chief Executive Officer of Colliers India, said. He said there has been a higher proportion of credit rating upgrades during the last fiscal in the real estate sector compared to upward revisions in other economic sectors. "The relatively higher credit quality of real estate loans is well supported by underlying strong demand-supply dynamics across multiple asset classes such as residential, commercial, industrial & warehousing, retail, hospitality etc," Yagnik said. The top 50 listed real estate companies have shown impressive improvements in terms of profitability, cash flow realisation, and balance sheet performance over the last five years.
Mint
17 hours ago
- Business
- Mint
Bank credit to realty sector nearly doubles in 4 yrs to ₹35.4 lakh cr at end of FY25: Colliers
New Delhi, Jul 29 (PTI) Bank credit to the Indian real estate sector stood at ₹ 35.4 lakh crore at the end of March 2025, nearly doubling in the last four years, according to Colliers. In a statement on Tuesday, real estate consultant Colliers India said it has assessed the aggregate financials of the top 50 listed real estate companies in India in terms of profitability, gearing and market performance. "India's real estate sector has continued to exhibit marked improvement in terms of financial health in the post-pandemic era, outperforming other major industries in the economy in terms of critical credit and financial metrics," the consultant said. Colliers India noted that the sector's access to credit has improved significantly in absolute terms. "Gross bank credit in India has grown significantly, from ₹ 109.5 lakh crore in FY21 to ₹ 182.4 lakh crore in FY25. Bank credit in the real estate sector has impressively doubled in the same period, from ₹ 17.8 lakh crore to ₹ 35.4 lakh crore," it said, citing RBI data. The consultant mentioned that the real estate sector now accounts for almost one-fifth of the bank credit deployment in the country, signalling growing lender confidence in the sector. "Indian real estate sector continues to demonstrate resilience and financial prudence even in the wake of external volatilities," Badal Yagnik, Chief Executive Officer of Colliers India, said. He said there has been a higher proportion of credit rating upgrades during the last fiscal in the real estate sector compared to upward revisions in other economic sectors. "The relatively higher credit quality of real estate loans is well supported by underlying strong demand-supply dynamics across multiple asset classes such as residential, commercial, industrial & warehousing, retail, hospitality etc," Yagnik said. The top 50 listed real estate companies have shown impressive improvements in terms of profitability, cash flow realisation, and balance sheet performance over the last five years. Around 62 per cent of the top 50 listed real estate firms had higher profitability margins at the end of FY25 as compared to the 23 per cent share in FY21. More than 60 per cent of the leading real estate companies in India have comfortable debt levels, which is reflected in the debt-to-equity ratio of less than 0.5 in FY25.
Time of India
17 hours ago
- Business
- Time of India
Bank credit to real estate sector nearly doubles to ₹35.4 lakh crore in 4 years: Colliers
Bank credit to the Indian real estate sector stood at Rs 35.4 lakh crore at the end of March 2025, nearly doubling in the last four years, according to Colliers. In a statement on Tuesday, real estate consultant Colliers India said it has assessed the aggregate financials of the top 50 listed real estate companies in India in terms of profitability, gearing and market performance. Explore courses from Top Institutes in Please select course: Select a Course Category "India's real estate sector has continued to exhibit marked improvement in terms of financial health in the post-pandemic era, outperforming other major industries in the economy in terms of critical credit and financial metrics," the consultant said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas Prices In Dubai Might Be More Affordable Than You Think Villas In Dubai | Search Ads Get Quote Undo Colliers India noted that the sector's access to credit has improved significantly in absolute terms. "Gross bank credit in India has grown significantly, from Rs 109.5 lakh crore in FY21 to Rs 182.4 lakh crore in FY25. Bank credit in the real estate sector has impressively doubled in the same period, from Rs 17.8 lakh crore to Rs 35.4 lakh crore," it said, citing RBI data. Live Events The consultant mentioned that the real estate sector now accounts for almost one-fifth of the bank credit deployment in the country, signalling growing lender confidence in the sector. "Indian real estate sector continues to demonstrate resilience and financial prudence even in the wake of external volatilities," Badal Yagnik, Chief Executive Officer of Colliers India, said. He said there has been a higher proportion of credit rating upgrades during the last fiscal in the real estate sector compared to upward revisions in other economic sectors. "The relatively higher credit quality of real estate loans is well supported by underlying strong demand-supply dynamics across multiple asset classes such as residential, commercial, industrial & warehousing, retail, hospitality etc," Yagnik said. The top 50 listed real estate companies have shown impressive improvements in terms of profitability, cash flow realisation, and balance sheet performance over the last five years. Around 62 per cent of the top 50 listed real estate firms had higher profitability margins at the end of FY25 as compared to the 23 per cent share in FY21. More than 60 per cent of the leading real estate companies in India have comfortable debt levels, which is reflected in the debt-to-equity ratio of less than 0.5 in FY25.
News.com.au
20 hours ago
- Business
- News.com.au
Art Deco block last traded for $28k with $8.35 per week rents for sale
An Art Deco block of flats in Waverley that last traded for $28k nearly six decades ago is set to hit the market. And the rents back in 1968 were between $8.35 and $8.80 because of a controlled rent scheme. The four two-bedders on a 400sqm block at 2 Wills Ave, known as Wills Court, are being sold in one line at a forthcoming auction with a guide in the mid-$4m range via Colliers apartment block specialist Paul Grasso. The site is just 900m from Bronte Beach. 'It's going to be attractive to wealthy mums and dads wanting to put their kids in there,' says Grasso. Waterfront sale falls over, then sells for $2m less He's also got a 1928-built character block of four large three-bedroom apartments, each with parking, just 500m from Balmoral Beach at 194 Spit Rd, Mosman, with an annual income of $312k. That's coming to market for the first time in 32 years and has hopes in the high $5m range. The vendor at Wills Court, Ian Brightwell, says his late father was keen to buy the flats, just one in a sizeable portfolio across the east, because 'a decent sized block of land that could be done up'. When he first bought it the four tenants paid between $8.35 and $8.80 per week — for a total income of $46.95 — because of a controlled rent scheme left over from World War II that was designed to protect war widows. These days, the flats each rent out for $800 per week, but he's selling up now because of increasing land tax costs. Says Grasso: 'The land tax means it's not a sensible rental proposition — it's a large chunk of land but just four units.' Apart from being of interest to families, he's expecting developers to be keen, who could potentially build a luxury duplex. Grasso, an associate director at Colliers, says: 'These listings represent the kind of generational assets that rarely come up for sale. 'We're seeing a surge in demand for boutique apartment blocks in lifestyle suburbs, driven by a lack of new supply and strong interest from downsizers and investors alike.' The launch of these two properties follows the successful sale of two other boutique blocks, reinforcing the strength of the market. In Mosman, Colliers recently transacted 161–165 Middle Head Road for about $20m, following a highly competitive campaign. The Art Deco walk-up comprises 10 residential apartments and two retail suites, with sweeping views over Balmoral Beach and the Sydney CBD. Meanwhile, in Rose Bay, 483 Old South Head Road sold for $6 million, reflecting a 3.9 per cent net yield. The property, which previously held DA approval for a 19-room hotel, was acquired by a buyer intending to retain the existing improvements, highlighting the enduring appeal of income-generating residential assets in prime locations. Tom Appleby, Colliers National Director and Head of Sydney North, added: 'Capital growth in this segment has been exceptional.
News.com.au
2 days ago
- Business
- News.com.au
Geelong CBD freehold offers multiple income options
Geelong's emerging laneways could become the key to unlocking the value of a CBD landmark formerly home to Duffs Jewellers. The two-storey freehold is up for grabs with a new expressions of interest campaign to test the market for city centre real estate. Colliers, Geelong agents Jonathon Lumsden, Ned Tansey and Jackson Carrick are handling the sale for 134 Moorabool St, Geelong, with offers closing August 14. Mr Lumsden said price expectations were $2m-plus. The 180sq m ground floor comprises retail and office space, along with amenities and the original strongroom. The first floor has been converted to a luxury four bedroom, three-bathroom apartment, flooded with natural light from an atrium. The property is opposite Geelong's Bright & Hitchcocks building where developer Hamilton Group has started a multimillion dollar redevelopment. 'The owners ran their own business from there – they've closed that office down and are using it for storage themselves while they were running upstairs as their Airbnb,' Mr Lumsden said. 'Since they've got other interests, now is the time to divest.' The building offers the potential for a new owner to create dual income streams, and activate frontages to Moorabool St and Shorts Place at the rear, Mr Lumsden said. 'It also gives someone the potential to reconfigure the ground floor so they could activate a space with direct access of Moorabool St, and then activate a space that's accessed off Shorts Place,' Mr Lumsden said. Geelong developer Bill Votsaris has already unlocked Shorts Place for neighbouring projects, including a 24-hour Anytime Fitness gym. 'I think there's some appeal to that, to create those dual access points. Does that mean someone looks to do something more retail on the Moorabool St frontage and then more hospitality from Shorts Place? 'There's a few different things you can those around and meanwhile you can maintain that Airbnb, whether it's leased out through Airbnb or you put a long-term tenant in there.' Mr Lumsden said one potential buyer had flagged reconfiguring the first floor into commercial office space and then look to activate the retail space on the ground floor. 'You could easily give the ground floor a facelift. That's a pretty simple process.' Interest has been from parties in Geelong and Melbourne, Mr Lumsden said. 'I must say the interest that's coming through are generally parties that we've seen look at other options in the CBD. 'I think people can still see the CBD is going through a bit of adjustment and they can see the investment that other landowners are investing in the CBD. 'Opposite with Cam Hamilton's development and with what Bill Votsaris is doing in Little Malop St, there's good stories to tell within that precinct. 'We got through property cycles, Moorabool St is the main thoroughfare running north-south to Belmont and attracts an enormous amount of traffic and with the property cycle we're going through at the moment where you're not buying at the peak of the market, I believe there's long-term growth to get out of it.'
