The real estate sector has attracted more than Rs. 5,884 crore during FY 2013-14, with Maharashtra spearheading the real estate development, alone accounting for 20% of the share amongst 20 states. It also has the highest share of over 17% in real estate projects with investments over Rs 1.6 lakh crore under implementation.
The real estate sector has attracted massive investments during FY 2013-14, with Maharashtra spearheading the real estate development. The state accounts for one-fifth of the share amongst all the states. It also has the highest share in real estate projects with investments over Rs 1.6 lakh crore under implementation.
We make sure that we take advantage of this situation and offer clients the support and guidance they need to identify the right investment opportunity which can maximise the Capital returns or Rental returns or a combination of both.
There are also growing requirements of space from sectors such as education and healthcare, and with the increase in tourism, the hospitality sector has seen significant growth as well. Land parcels for construction or ready proposals for these requirements and potential opportunities are evaluated regularly. When it comes to investing, we focus on residential assets with adequate valuations and use our asset management skills to emphasize on leveraging the cyclical nature of the industry and self-liquidating nature of investments. We invest in commercial & other under-serviced classes of real estate assets, and then develop the same. Apart from this, our main investment targets are land banking and the currently growing hospitality sector especially serviced apartments. Our hospitality division offering serviced apartments to corporates on room or apartment basis for short or long term stay has been a huge success.
The realty division originally started with Land banking. We have aggregated parcels of land which are upwards of 100 acres. We then moved on to acquiring land parcels for plotting and selling to small investors who would like to take the benefit of increased gains by investing in smaller parcels permissible to their pocket.
Today, Trikaal INC owns and manages land parcels admeasuring over 500 acres and the acreage is steadily growing. Given the trend of the market, affordable housing is possible only on land parcels which have been acquired away from city centres and this activity of the company can transpire into a money spinner for the company in the near future. We currently have land parcels of various sizes in the following locations: Mangaon – Upto 350 acres in size (ongoing) Igatpuri Nasik Nagpur
The residential properties that we own are run as serviced apartments. Any client is welcome to purchase a property from our offerings and lease it back to us on a fixed monthly rental or on a profit share. Trust and transparency is one of our core values and our documentation will reflect accordingly.