After almost, three years of stillness in the realty market, developers are now showing interest to buy large land parcels across the country. The sales seem to pick up along with an improvement in market sentiment on the belief that the newly formed government will pay attention to the infrastructure development.Apart from developers, even Private Equity (PE) firms are eager to associate with real estate developers to purchase the land parcels at fair price without paying any premium.Some of the esteemed real estate companies of our country who have cracked the lard land parcel deals are Runwal Group and Tata Housing Development Company in Mumbai, Prestige Estate Projects in Bangalore, Kolte-Patil Developers in Pune and VGN Developers in Chennai. Majority of the properties are non-core assets, realty and manufacturing industries of corporates which can simply be transformed to commercial or residential projects.Developers can acquire liquidity and are putting their reserve funds for conducting the transaction, expecting high growth and favorable interest rate. According to the Managing Director of corporate finance at JLL, such land deals would assist the corporate to get finance for investing in spreading out of their core business. The builders can also acquire clean land which is generally 30 to 50 % cheaper than the market rate.Prestige Estate Projects bought 8 acres of land from Siemens, an engineering and electronics firm in South Bangalore, this July. Later, Lodha Developers purchased 87 acre of land in Thane from Clariant Chemicals (India) while Oberoi Realty bought a land from Tata Steel of 25 acres in Borivali area of Mumbai.займ на карту без отказов круглосуточновзять кредит онлайн