INDIA REALITY EXELLENCE FUND(IREF)
Government of india focuses on the housing development in india.So,gives importance to real estate.For this,Motilal Oswal introduces IREF 1,2,3&4
Why real estate :
=> Large growing market
=> Housing shortage & Rapid Urbanization
=> Growth to be driven due to Govt. focus
Direct Investing VS Indirect Investing :
Direct Investing :
=> Buying and holding physical real estate assets .
=> More preferred due to lack of alternative options.
Indirect Investing :
=> Post FDI relaxation in 2005, real estate funds (domestic /offshore) have been a major source of capital provider for the sector.
=> Funds raised from HNIs, Financial Institutions, Corporates etc.
=> Each fund has its own strategy – Equity/ Debt/ Mezzanine structures along with city and project specific strategy.