Indian Realty Sector Sees Surge in Domestic Investments, Up 5 Times Annually
Domestic investors poured in $637.9 million into the Indian real estate sector in Q2 2024, marking a significant increase compared to the same period last year.
Real EstateIndian RealtyDomestic InvestmentsForeign InvestorsInstitutional InvestmentsReal Estate MumbaiJul 13, 2024
The data revealed that institutional investments in the Indian real estate sector rose by 96% in April-June to $3.1 billion, up from $1.6 billion in the corresponding period of the previous year. Domestic investors played a crucial role in this growth, actively participating to capitalize on the robust economic growth.
Foreign investors, however, accounted for the highest share of 71% of the total investments received during the second quarter of 2024, with $2,218.1 million infused into the sector.Domestic investors, on the other hand, contributed around 20% of the total investments, with $637.9 million invested.
The industrial and warehousing sector saw a single large deal worth $1.5 billion, accounting for 48% of the total investments received in Q2 2024. Residential and commercial assets followed, with 24% and 20% share, respectively.
Institutional investments in commercial assets declined to $622.3 million from $1,400 million, largely due to a higher base effect. On the other hand, investments in residential assets rose to $732.8 million from $57.8 million. Industrial and warehousing assets received $1,500 million in April-June 2024, up from $133.9 million in the year-ago period.
According to Shrinivas Rao, CEO of Vestian, the Indian real estate sector is expected to continue attracting investments in the upcoming quarters, driven by robust economic growth and infrastructure development.
Information
Vestian is a leading real estate consultant that provides expert advisory services to clients across the globe.
Vestian is a reputable real estate consultancy firm that offers a range of services, including investment advisory, market research, and valuations. With a strong presence in the Indian market, Vestian has established itself as a trusted partner for investors, developers, and occupiers.
Frequently Asked Questions
How much did domestic investors invest in the Indian real estate sector in Q2 2024?
$637.9 million
What was the total institutional investment in the Indian real estate sector in Q2 2024?
$3.1 billion
Which sector saw the highest investment in Q2 2024?
Industrial and warehousing sector
What is the expected outlook for investments in the Indian real estate sector?
Investments are anticipated to increase in the upcoming quarters driven by robust economic growth and infrastructure development.
What percentage of the total investments was accounted for by domestic investors in Q2 2024?
Around 20%
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