India's Real Estate Sector Attracts Foreign Investment Boom
Foreign investors have taken the lead in India's real estate sector, accounting for 65 per cent of total investments in the first half of 2024, driven by confidence in the country's robust economy.
Real EstateForeign InvestmentIndiaJllEconomic GrowthReal Estate NewsJul 06, 2024
According to a report by JLL, the real estate sector has already received 81 per cent of the total investment in 2023 during the first six months of 2024, despite global uncertainties and the election season. The report highlights the resilience of India's economy and its ability to attract substantial institutional investments.
The residential sector has achieved an all-time high half-year investment of USD 1.6 billion, attributed to regulatory reforms and improved transparency in the segment over the last 5-7 years. The majority of investments in this sector were structured debt, with 68 per cent of the deals being debt-based.
The office sector, which was historically the favored investment asset class among institutional investors, saw a decline in investments in the first half of 2024 compared to the previous year. However, the warehousing sector led the way with a 34 per cent share of investments, followed closely by residential at 33 per cent share.
Information
JLL is a leading professional services firm specializing in real estate and investment management. The company provides comprehensive services to investors, occupiers, and developers, including investment sales and acquisitions, debt advisory, and equity raising.
India's real estate sector has been growing steadily over the years, driven by government initiatives, regulatory reforms, and increasing demand for housing and commercial spaces. The sector has attracted significant investments from domestic and foreign investors, contributing to the country's economic growth.
Keywords real estate, foreign investment, India, JLL, residential sector, commercial sector, warehousing sector
Frequently Asked Questions
What percentage of total investments in India's real estate sector came from foreign investors in the first half of 2024?
65 per cent
What was the total investment in India's real estate sector in the first half of 2024?
USD 4.8 billion
Which sector led the way in terms of investments in the first half of 2024?
Warehousing sector with a 34 per cent share
What was the average deal size in the first half of 2024?
USD 113 million
What is the outlook for the real estate sector in the second half of 2024?
Positive, with a diversification of interest across residential, office, warehousing, and other sectors
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