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  1. Deals Analysis
May 5, 2021

India’s construction & real estate sees a rise of 38.89% in deal activity in Q1 2021

Led by $6.89m asset transaction with Tubacex Prakash India, India’s construction & real estate industry saw a rise of 38.89% in overall deal activity during Q1 2021, when compared with the last four-quarter average, according to GlobalData’s deals database.

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A total of 25 deals worth $58.99m were announced in Q1 2021, compared with the last four-quarter average of 18.00 deals.

M&A was the leading category in the quarter with 20 deals which accounted for 80% of all deals.

In second place was venture financing with four deals, followed by private equity with one transactions, respectively accounting for 16% and 4% of overall deal activity in the India’s construction & real estate industry during the quarter.

In terms of value of deals, M&A was the leading deal category in India’s construction & real estate industry with total deals worth $55.63m, followed by venture financing deals totalled $3.36m.

India construction & real estate industry deals in Q1 2021: Top deals

The top five construction & real estate industry deals accounted for 30.1% of the overall value during Q1 2021.

The combined value of the top five construction & real estate deals stood at $17.77m, against the overall value of $58.99m recorded for the quarter.

The top five construction & real estate industry deals of Q1 2021 tracked by GlobalData were:

1) Tubacex’s $6.89m asset transaction with Tubacex Prakash India

2) The $4.89m acquisition of Ashoka Highways (Bhandara) by Ashoka Buildcon

3) Neeru Vishnu Wadhawan’s $2.63m acquisition of Magma Realty

4) The $2m acquisition deal with Method and Madness Technology by Justin Mateen

5) Prestige Estates Projects’ venture financing with Ace Realty Ventures for $1.36m.

Related Companies

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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