Foreign investors have poured $3.9 billion into the real estate sector in India during the first three quarters of 2024, focusing primarily on core assets in cities like Chennai, Mumbai, and the National Capital Region (NCR).
Real EstatePrivate EquityForeign InvestmentChennaiMumbaiReal Estate MumbaiOct 08, 2024
The total PE investment in the Indian real estate sector in the first three quarters of 2024 is $3.9 billion.
The main focus of these investments is on core assets in cities like Chennai, Mumbai, and the National Capital Region (NCR).
Foreign investors are attracted to India's economic stability, large consumer base, and favorable investment policies, making it an attractive market for real estate investments.
These investments help in the development of high-quality projects, bring in advanced technology and best practices, create job opportunities, and boost the local economy.
In Chennai, the IT sector and excellent connectivity are driving the market. Mumbai's financial significance and diverse population are key drivers, while the NCR's rapid urbanization and growing demand for affordable housing are the main factors.
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