Equity investments in Indian real estate may rise 49% to record USD 11 billion this year: CII-CBRE
Equity investments in Indian real estate may rise 49 per cent to USD 11 billion this calendar year amid strong demand for properties, according to CII and CBRE. In 2023 calendar year, the equity investments in real estate stood at USD 7.4 billion.
Industry body CII and real estate consultant CBRE on Wednesday released a joint report titled 'Leading the Charge: Crafting the Skylines of Tomorrow' at the annual CII Realty 2024 conclave.
Equity capital inflows touched USD 8.9 billion between January and September, registering a 46 per cent year-on-year growth.
«Overall equity investments in 2024 in the real estate sector are set to hit a new record surpassing USD 10 billion for the first time,» the report said.
With a resurgence in investment inflows in built-up office assets and a strong acquisition pipeline for land in the residential sector, the overall equity investments in 2024 would be in the USD 10-11 billion range.
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