Indian Real Estate Market Sees Surge in Foreign Investment in H1 2024
Foreign investors poured in $3.1 billion in Indian real estate during the first half of 2024, representing 65% of total institutional investment.
Real EstateForeign InvestmentIndian EconomyJll IndiaColliers IndiaReal EstateJul 05, 2024
The total institutional investment in real estate rose 62% to $4.76 billion in January-June 2024, compared to $2.93 billion in the same period last year. This surge in investment is a testament to the country's robust economic growth story, despite global uncertainties and the election season.
The warehousing sector led the way, accounting for 34% of investments, followed closely by residential (33%) and office (27%) segments. The number of deals nearly doubled in the first half of 2024, with an average deal size of $113 million.
Foreign Institutional Investors (FIIs) dominated the investment landscape, accounting for $3.1 billion, or 65% of the total investments in January-June 2024. Domestic investors, on the other hand, represented a 35% share of investments.
In contrast, another property consultant, Colliers India, reported a 6% decline in total institutional investment in real estate at $3.52 billion during the first half of 2024, compared to $3.76 billion in the year-ago period.
JLL India noted that this surge in investment is a sign of
Frequently Asked Questions
What was the total institutional investment in Indian real estate in H1 2024?
$4.76 billion
What percentage of total institutional investment was accounted for by foreign investors in H1 2024?
65%
Which sector led the way in terms of investments in H1 2024?
Warehousing
What was the average deal size in H1 2024?
$113 million
What was the share of domestic investors in total investments in H1 2024?
35%
Related News Articles
Unlocking Opportunities in the Real Estate Insurance Market: Trends, Insights, and Projections
Discover the latest trends, challenges, and opportunities in the real estate insurance market, featuring key players, regional analysis, and market segmentation.
Pune Real Estate Market Sees 50% Jump in Registered Transactions, Average Home Price Reaches Record High
The number of real estate transactions in Pune has increased significantly, with registered transactions surging by 50% in the April-June 2024 quarter.
Haryana and Jammu & Kashmir Assembly Election Dates Announced by EC; Results to be Declared on October 4
The Election Commission of India has announced the dates for the Haryana and Jammu & Kashmir assembly elections. The polls will be held in a single phase on October 21, and the results will be declared on October 4.
Century Textiles Acquires 10-Acre Land in Mumbai for ₹1100 Crore, Expects ₹14,000 Crore in Revenue
Century Textiles plans to develop the land through its real estate subsidiary Birla Estates, expecting ₹14,000 crore in revenue from the project.
Virgo Daily Horoscope for September 14, 2024: A Temporary Setback in Assets and Real Estate Deals
Be cautious with real estate deals today, as a temporary decline in assets may occur. However, this setback will be short-lived.
DLF Q2 Earnings Skyrocket: Net Profit Surges to ₹1381 Crore
DLF, India's leading real estate firm in terms of market capitalization, has reported a remarkable surge in its Q2 net profit, jumping over twofold to ₹1381 crore. The company, primarily engaged in the development and sale of residential and commercial pr