India's Growing Prominence in APAC Real Estate Investments
India has emerged as a significant player in the Asia-Pacific region's real estate market, securing the 5th spot in cross-border investments and capturing 9% of the market share in the first half of 2024.
Real EstateApacIndiaCross Border InvestmentsKnight FrankReal Estate NewsAug 03, 2024
The growth in India's real estate market can be attributed to the government's initiatives to improve the ease of doing business, reduce bureaucracy, and increase transparency. The government's efforts to promote affordable housing and infrastructure development have also contributed to the growth of the sector.Knight Frank, a leading global property consultancy, has been tracking the trends in the APAC real estate market. The company's report highlights the growing interest of international investors in the Indian real estate market, driven by the country's economic growth, urbanization, and the demand for modern commercial and residential spaces.
India's emergence as a major player in the APAC real estate market is a testament to the country's growing economic influence in the region. The government's efforts to promote the sector and the growing demand for real estate spaces are expected to drive the growth of the market in the coming years.
Frequently Asked Questions
What is India's ranking in APAC real estate investments?
India ranks 5th in APAC real estate investments.
What percentage of the market share did India capture in H1 2024?
India captured 9% of the market share in H1 2024.
What are the factors driving the growth of India's real estate market?
The growth of India's real estate market is driven by the government's efforts to improve the business environment, reduce bureaucracy, and increase transparency, as well as the growing demand for commercial and residential spaces.
Who is Knight Frank?
Knight Frank is a leading global property consultancy that tracks trends in the APAC real estate market.
What are the prospects for India's real estate market in the coming years?
The Indian real estate market is expected to continue growing in the coming years, driven by the government's efforts to promote the sector and the growing demand for real estate spaces.
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