Indian Realty Sector Sees Surge in Institutional Investments in Q3 2024
India's real estate sector attracts significant institutional investments in Q3 2024, with office segment investments rising to $600 million.
Indian Realty SectorInstitutional InvestmentsOffice SegmentResidential AssetsForeign InvestmentsReal EstateOct 02, 2024
This significant increase in investment is a marked improvement from the June quarter, when investment in the office segment had plunged 83% year-on-year to $329.6 million, as funds remained cautious due to various market and economic factors.
Residential assets also saw notable inflows in Q3 2024, with investments totaling $400 million, growing 40% from a year earlier, according to data from real estate services firm Colliers.
Foreign investments comprised 88% of total institutional inflows into the office segment during Q3 2024, marked by large deals by global funds like ADIA, GIC, Keppel Land, and MapleTree. These investments demonstrate the strong appetite of international investors for Indian real estate.
The sustained interest in Indian real estate is a testament to the sector's growth potential and the country's improving business environment. As the sector continues to evolve, it is likely to attract even more investments from domestic and international investors.
Information Colliers is a leading real estate services firm with a presence in over 400 offices across 68 countries. The firm provides a range of services, including investment sales, leasing, and property management.
ADIA (Abu Dhabi Investment Authority) is a sovereign wealth fund of the Government of Abu Dhabi. GIC (Government of Singapore Investment Corporation) is a sovereign wealth fund of the Government of Singapore. Keppel Land is a Singapore-based real estate company. MapleTree is a Singapore-based real estate investment firm.
Frequently Asked Questions
What was the total institutional investment in the office segment in Q3 2024?
$600 million
How did the investment in the office segment in Q3 2024 compare to the same period last year?
It surged 6.8 times from a year earlier
What was the total investment in residential assets in Q3 2024?
$400 million
What percentage of total institutional inflows into the office segment were foreign investments in Q3 2024?
88%
Which global funds made significant investments in the Indian real estate sector in Q3 2024?
ADIA, GIC, Keppel Land, and MapleTree
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