With home prices dropping in India, foreign investors are now planning to shift their investment from residential market to commercial real estate. Many of the cities have witnessed a fall of prices in the residential sector. Moreover many unsold residential properties remain in many of the cities without finding any takers. All these factors drive […]
Tag: Morgan Stanley
Morgan Stanley Plans To Have Investment in BKC
Morgan Stanley plans to invest; for the first time in India, in a commercial project. Morgan Stanley will invest in Bandra Kurla Complex in Mumbai. Morgan Stanley is not a new name for the Indian real estate players who have seen the firm investing in India. However, all their investments were in the residential sector […]
Indian economy may grow 6.7%
According to Morgan Stanley, Indian economy may grow 6.7% in current fiscal. According to Chetan Ahya and Tanvee Gupta, economists at Morgan Stanley, “Higher capital flows have been the anchor of a self-fulfilling virtuous cycle of an appreciating exchange rate, lower interest rates, and strong domestic demand growth”. Further they said that however, capital inflows […]
Morgan Stanley stays optimistic on Indian realty
The global economic slump and downturn in the real estate hasn’t deterred Morgan Stanley Real Estate from going ahead with its India plan. It’s planning to invest an additional $1 billion over the next five years and has recently formed a large team for Indian operations. These investment plans—the company had earlier invested about $750 […]
Real Estate Deals Down 57% Globally In 2008
The number of commercial property transactions has dropped off significantly in the past three months, according to a report by Real Capital Analytics – including in Asia. Macklowe, Fortress, Morgan Stanley, Aviva and GE are the world’s biggest sellers of real estate. Commercial property deals are down globally by 57% over the past year, with […]
Realty Gloom Reflects Stock Price
The gloom over the realty sector is reflected in the stock prices of many companies. BSE Realty Index has been the worst performer so far in 2008, having shed more than 68.5% from its January peak. Analysts expect further erosion in valuations of realty stocks with the sector facing a slowdown, input costs rising, and […]