Institutional investments in the Indian actual property sector crossed $1 billion in the primary quarter of 2024, signalling a gradual and optimistic begin to the 12 months, reported Colliers India on Tuesday.
While this was a 40% decline in contrast with the identical interval final 12 months, the nation’s actual property investments confirmed enchancment on a sequential foundation, registering a 21% QoQ rise, the agency stated.
“Domestic investors were increasingly gaining more ground in Indian real estate, they captured a 45% share in Q1 2024 investments, a marked surge from prior years. Within domestic institutional investments, office and residential assets formed about 66%, reflecting a strategic approach to align with India’s growth trends. This underscores growing confidence of diversified spectrum of investors across multiple investment strategies including credit and acquisitions,” noticed Piyush Gupta, MD, Capital Markets & Investment Services at Colliers India.
