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.
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