Toh ye jo naya step liya hai na Nexus Select Trust ne, ye unki growth strategy mein ek major change hai. Ab tak ye log basically completed, income dene wale properties par hi apna focus rakhte the, par ab ye log development mein bhi utar gaye hain. Is joint venture ka main aim hai ki Runwal Enterprises ki development expertise use karke, ek rapidly growing area mein long-term value create ki jaye.
Yeh Dombivli wala project ek calculated risk hai future capital appreciation pakadne ke liye, jo unke pehle ke track record se alag hai jahan wo mature, revenue-generating consumption centers manage karte the. Waise, Nexus Select Trust ki market capitalization ab lagbhag ₹24,396 crore hai, aur P/E ratio around 18.4x. Pichle ek saal mein inka stock 20% se bhi zyada badha hai, aur ₹120 se ₹168.35 ke beech mein trade kar raha hai. Ye ₹900 crore se zyada ka investment ek aggressive inorganic growth phase dikhata hai, jahan ye log capital discipline bhi maintain karne ki baat kar rahe hain.
Indian REIT market bhi kafi grow kar raha hai, aur ye development mein move karna market trends ke saath bilkul match karta hai. Halan ki competition bhi kam nahi hai, Embassy Office Parks REIT aur Mindspace Business Parks REIT jaise bade players hain, par Nexus ka focus retail par hai. Indian REITs and InvITs index ne pichle saal 25.48% ka solid return diya tha, aur government bhi REITs ko support kar rahi hai.
Lekin bhai, development mein naye risks bhi toh aa jate hain! Construction mein delays ho sakte hain, costs badh sakti hain, aur naye mall mein tenants ko attract karne mein time lag sakta hai. Ye woh risks hain jo unke pure-play retail peers ko face nahi karne padte the, jahan occupancy rate 97% maintain rehta tha. Runwal Enterprises ka experience zarur hai, par itne bade project ko meticulously manage karna hoga. Nexus Select Trust ka debt-to-equity ratio sirf 0.19 hai, jo financially kafi strong hai, par development ke liye bada capital deploy karne se capital structure mein changes aa sakte hain. Retail real estate mein competition bahut tight hai aur 2026 tak market mein aur naye Grade A mall supply aane ki ummeed hai. Isse market absorption risks aur competitive pressure dono badh jayenge.
Aage dekho toh Indian real estate market 2026 tak grow karne ka hi expectation hai, aur tab tak lagbhag 5.9 million sq ft Grade A new mall space market mein aa sakta hai. Nexus Select Trust ki CRISIL rating 'AAA/Stable' hai, jo unki financial strength aur stability dikhati hai. Par is pure venture ki success issi par depend karegi ki Nexus Select Trust development ke risks ko kitna achha manage karte hain aur competitive environment mein apni leasing strategies ko effectively execute kar paate hain.