Indian Real Estate Witnesses a Surge in Foreign Investment in 2024
Foreign investors infused $3.1 billion in Indian real estate during the first half of 2024, accounting for 65 per cent of the total institutional investment.
Indian Real EstateForeign InvestmentJll IndiaProperty ConsultantInstitutional InvestmentReal Estate NewsJul 05, 2024
The report highlights that foreign institutional investors (FIIs) dominate Indian investments, amounting to $3.1 billion, which is a 65 per cent share of the total investments in January-June 2024. In contrast, another property consultant, Colliers India, reported a 6 per cent decline in total institutional investment in real estate at $3,523.6 million during the first half of 2024.
The warehousing sector led the investments with a 34 per cent share, followed closely by residential at 33 per cent and office at 27 per cent. The first half of 2024 exhibited nearly twice the number of deals compared to the same period last year, with an average deal size of $113 million.
This surge in foreign investment is attributed to unshakeable investor confidence in India, despite global uncertainties and the election season. The report suggests that this exemplifies the country's robust economic growth story. In 2023, domestic investors accounted for 37 per cent of investments, compared to an average of 19 per cent over the previous five years. This trend appears to continue in H1 2024, with domestic investors representing a 35 per cent share.
Information
JLL India is a leading property consultant that provides real estate services to clients. The company has been operating in India for over 20 years and has a strong presence in the market.
JLL India is a subsidiary of Jones Lang LaSalle Incorporated, a global real estate services firm. The company has been operating in India since 1999 and has a strong presence in the market, providing a range of real estate services to clients.
Frequently Asked Questions
How much did foreign investors infuse in Indian real estate in the first half of 2024?
$3.1 billion
What is the share of foreign institutional investors in Indian investments?
65 per cent
Which sector led the investments in Indian real estate in the first half of 2024?
Warehousing sector
How does the investment in 2024 compare to the previous year?
It represents a 62 per cent increase from the same period last year
What is the average deal size in the first half of 2024?
$113 million
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