India's Real Estate Market Attracts $3 Billion in Cross-Border Investments
India ranks 5th in cross-border real estate investments in the APAC region, with the office sector accounting for 36% of the total global capital allocation.
Real EstateIndiaCross Border InvestmentsApac RegionOffice Space Rental MarketsReal Estate NewsAug 03, 2024
The report also noted that the expected turnaround of global economies in the second half of the year is likely to encourage more foreign private equity players to invest in India's real estate market. This influx of investment is expected to boost the performance of Indian real estate and maintain the growth of industry assets.
In terms of office space rental markets, Delhi-NCR emerged as the fifth most expensive market in the APAC region, with a prime office rent of Rs 340 per sq ft per month. Mumbai's prime office rent was reported at ₹302 per sq ft per month, placing it as the eighth most expensive commercial market in the APAC region.
Bengaluru, the IT hub of India, was ranked 18th among the most affordable prime office markets in the APAC region, with a prime office rent of ₹137 per sq ft per month. The report also noted that Bengaluru has maintained its position as the top destination among the three major Indian cities, leasing a total of 4.9 million square feet in the second quarter of 2024.
Frequently Asked Questions
What is the ranking of India in cross-border real estate investments in the APAC region?
India ranks 5th in cross-border real estate investments in the APAC region.
What is the total volume of cross-border investments in the APAC region in the first half of 2024?
The total volume of cross-border investments in the APAC region in the first half of 2024 is $11.5 billion.
Which sector accounted for the largest share of global capital allocation in India's real estate market?
The office sector accounted for 36% of the total global capital allocation in India's real estate market.
What is the prime office rent in Delhi-NCR?
The prime office rent in Delhi-NCR is Rs 340 per sq ft per month.
Which city is the top destination among the three major Indian cities in terms of office leasing?
Bengaluru is the top destination among the three major Indian cities in terms of office leasing.
Related News Articles
Indian Stock Market Update: Nifty Futures Suggest a Flat Start
The Indian stock market is expected to start flat today, with the GIFT Nifty futures indicating a mild beginning. JSW Energy and Godrej Properties are in focus, with JSW Energy receiving a letter of award for a 300 MW wind-solar hybrid power project and G
THDCIL Signs Rs.33,600 Crore MoU for Energy Storage
THDCIL signs a massive MoU for energy storage, paving the way for a significant boost in India's renewable energy sector.
VK & BM 2024 Real Estate Excellence Awards: A Benchmark of Trust and Quality
V2 Holdings Housing Development Pvt. Ltd., founded by Dr. P.L. Venkatrama Reddy, has established itself as a trusted name in the real estate sector, known for its commitment to excellence and customer satisfaction.
Suraj Estate Developers Reports 88% Surge in Q2 Net Profit to INR 31.8 Crore
The Indian real estate market is experiencing a significant rebound, fueled by low-interest rates and government incentives for homebuyers. Suraj Estate Developers, a leading name in the sector, has reported an impressive 88% rise in its net profit for th
Kolte-Patil Developers Sees Q3 Profit Skyrocket to Rs 25 Cr, Revenue Jumps
Pune-based Kolte-Patil Developers Ltd, a prominent real estate developer in India, has reported a significant improvement in its Q3 FY23 financials, with a net profit of Rs 25.30 crore and a revenue surge to Rs 369.28 crore.
Hyderabad: Rs 19.80 Lakh Penalty Imposed on Real Estate Firm for Early Money Collection
Hyderabad: The Telangana State Real Estate Regulatory Authority (TSRERA) has imposed a significant penalty of Rs 19.80 lakh on a real estate firm, TMR Infra, for collecting money from buyers before obtaining the necessary TSRERA registration.