Macquarie did a deep dive into LIC Housing Finance developer loan book based on Propstack Loans data. Below are some of the charts which show the analysis that is possible using Propstack data. Yearwise loan sanctions & interest rate trends Moratorium period analysis Concentration/Diversification of portfolio across builder groups and cities Top Developer groups/borrowers LRD… Read More »
Our analysis of security cover of developer loans shows that lenders are seeking higher security from developers in the backdrop of rising risk. Some key takeaways: Security cover has been rising since 2017 when it was 1.55 X to 1.66 X in 2020. This is inline with the rising risk associated with the sector. The… Read More »
We did an analysis of the top 500 corporate occupiers based on their active leases across Grade A offices in India. Some of our key findings are: – Top 20 tenants occupy 90 mn sft, Top 100 occupy 174 mn sft and Top 500 occupy 273 mn sft – Bangalore & Hyderabad ~ 46% market… Read More »
We analysed early trends emerging from ~600 sale registrations available for 275+ projects in post lockdown period (May-June 2020) in MMR (Mumbai, Navi Mumbai, Thane). Some of our key findings are: * 70% of the projects saw a price decline 41% of the projects showed a decline of 0-5% and 14% of the projects showed… Read More »
We did an analysis of ratio of sale value to ready reckoner value for 38,000 sale transactions in MMR for the period April 2019 to March 2020. We got this data from the Index 2’s which are a publicly available document. You can actually see individual transactions in any project on Zapkey.com Overall MMR We… Read More »
Lending fintech NBFCs have grown aggressively in the last two years as they have gone after markets which were traditionally unbanked and were able to raise a combination of equity and debt funding. We analysed borrowings of leading Fintech players in the country basis the charge filing data available on MCA which we collate in our product Loanfeeds. In… Read More »
In a big boost to project loans in the commercial real estate sector, the Reserve Bank of India on 6th Feb 2020 announced its decision to extend date of commencement for these loans by a year without downgrading asset classification. Propstack estimates that moratorium period for ~US$ 6 bn (INR 41,884 cr) of loan sanctions… Read More »
The Union government announced the setting up of the INR 25,000 cr AIF to revive the stalled projects across the country last week. We at Propstack did a detailed analysis of 10,000+ RERA registered projects in MMR to get an understanding of the projects which are stalled (<5% progress in last 2 years) and are… Read More »
