India Ranks 5th in Cross-Border Real Estate Investments in Asia Pacific Region
The Indian real estate market has attracted significant global capital, with Mumbai and Delhi-NCR emerging as top destinations for cross-border investments.
Real EstateCross Border InvestmentsAsia Pacific RegionIndiaMumbaiReal Estate MumbaiAug 03, 2024
In terms of investment in Indian real estate, the office sector accounted for 36% of the total global capital allocation, reflecting the strong appeal of commercial real estate assets. The industrial sector followed closely with 30% of the investment share, while the residential sector received 15%, and retail accounted for 10%.
The expected turnaround of global economies in the second half of the year is likely to encourage more foreign private equity players to take advantage of the country’s robust domestic macros. This influx of investment would boost the performance of Indian real estate and maintain the growth of industry assets.\n\nCross-border capital flows are having a significant impact on the commercial real estate market in the Asia-Pacific region, driving the quest for new investment opportunities. It is projected that the expected rate cuts could lead to a more than one-third surge in cross-border investments in the area during the second half of 2024, as opposed to the corresponding period in 2023.
Delhi-NCR currently stands as the fifth most expensive office space rental market in the Asia Pacific region, while Mumbai's prime office rent was reported at ₹302 per sq ft per month, placing it as the eighth most expensive commercial market in the APAC region. Bengaluru, the IT hub of India, has been ranked 18th among the most affordable prime office markets in the Asia-Pacific (APAC) region.
Frequently Asked Questions
What is India's ranking in cross-border real estate investments in the Asia Pacific region?
India ranks 5th in cross-border real estate investments in the Asia Pacific region.
What is the total volume of cross-border investments in APAC during the first half of 2024?
The total volume of cross-border investments in APAC during the first half of 2024 is $11.5 billion.
What sector accounted for the largest share of global capital allocation in Indian real estate?
The office sector accounted for 36% of the total global capital allocation in Indian real estate.
What is the expected impact of the expected rate cuts on cross-border investments in the Asia-Pacific region?
The expected rate cuts could lead to a more than one-third surge in cross-border investments in the area during the second half of 2024.
What is the ranking of Bengaluru among the most affordable prime office markets in the Asia-Pacific region?
Bengaluru has been ranked 18th among the most affordable prime office markets in the Asia-Pacific region.
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