Quantum Provides Realty Solutions to PE Funds and Developers
MUMBAI, March 19, 2013 /PRNewswire/ --
The phenomenal change in Indian economy during the previous decade brought consequent increase in business opportunities that have escalated demands for commercial and residential space. Real estate in India is currently in a nascent stage with unlimited growth options. Though, largely unorganized unlike its counterparts in developed countries, the sector is changing fast towards corporatisation. The sector has been luring domestic as well as foreign investors in a big way over the last decade.
Many more foreign and domestic investors are looking forward to investment in Indian real estate industry. Further, there are already many private equity real estate funds managed by both foreign and Indian institutions that are investing in this higher return segment. Some of the prominent real estate funds in India are IndiaREIT fund, HDFC Property Fund, Aditya Birla RE fund, DHFL Venture Capital Fund, Kotak Mahindra Realty Fund and ICICI's real estate fund. There is also a long list of international investors pumping in foreign funds in India like Blackstone Group, Warburg Pincus, JP Morgan Partners, Morgan Stanley, to name a few.
PE funds often face difficulties with investment decisions due to big vacuum of "lack of expertise and professionalism" that is dominant in realty sector, in development and execution of various asset classes. The operational experience, which is of great concern to funds in many of real estate developments, is a significant value erosion during the project development life cycle which manifests itself in long delays, cost overrun, inappropriate product mix selection, deficiency in design, quality, regulatory approvals and compliance mismatch & poor buyer response.
In order to fulfil this big vacuum, "Quantum ProjectInfra Pvt. Ltd." (Quantum) was established in 2011 with its headquarters in Mumbai.
Under this backdrop, Quantum with its expertise has gained trust and respect not only from the domestic real estate funds but also from reputed international funds. Presently, Quantum is providing services to leading funds in areas of
1. Technical due diligence of the project & business plan, a pre-investment service
2. Project audit during project execution
3. Project management services for the projects where funds have invested in.
It is working closely with major real estate funds namely IndiaREIT fund, JP Morgan, HDFC Property Fund and Aditya Birla RE Fund amongst others.
Quantum in its short journey has grown from a modest team size of few professionals to a vibrant time size of more than 40 fulltime professionals and other outsourced staff and actively involved in serving the clients. Quantum provides its project management services in the mid to large size development segment. Quantum's current projects & clients total 8.5 million sq. ft. of built up area under execution spread over 7 projects located in Mumbai, NCR and Bengaluru region.
About Quantum ProjectInfra Pvt. Ltd.
Quantum ProjectInfra Pvt. Ltd. offers full spectrum of integrated development services, covering all facets of real estate development - including acquisition, conceptualisation, planning, developing, project management and monetization. Quantum provides complete end-to-end development services with an entrepreneurial approach, taking ownership of delivery. With it's headquarter based in Mumbai, Quantum is also present in NCR, Pune, Bengaluru and Hyderabad. Quantum's mission is to elevate the standards of the industry, creating high value and sustainable projects.
Primary Media Contact: Amit Tindwani , firstname.lastname@example.org, 91-8108529007
Secondary Media Contact: Anil Pandit, email@example.com, 91-9930144202
SOURCE Quantum ProjectInfra Pvt Ltd
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