Private equity investment inflows into the Indian real estate reaches 2023 level in nine months
Private equity investment inflows into the Indian real estate sector reached USD 2.2 billion in Q3 2024, 93% growth on a sequential basis and more than double the investment volume recorded in the same period last year.
Election Results Haryana Live
J and K Election Results Live
Stock Market LIVE: How are the stocks doing today?
Additionally, at USD 3.9 billion between January and September, the inflow has exceeded the investment quantum registered in the entire year 2023, according to Savills India, a global real estate consulting firm.
The quarterly data indicates that industrial and logistics segmenttook the lead, with USD 1.7 billion capturing 77% of the total investment volume. This could be attributed to rising opportunities in the segment due to growing demand from e-commerce players and government’s push towards establishing India as a manufacturing hub.
The commercial office segment ranked second, garnering 21% of the overall PE investments. All investments in this sector came from foreign investors, focusing on core assets in cities like Chennai, Mumbai and NCR.
“Despite global challenges, India witnessed heightened investment activity with YTD 2024 inflows surpassing all of 2023 investments, reflecting strong investor confidence on the back of a robust macroeconomic environment. The industrial & logistics segment takes the biggest share in quarterly investments, as diversification strategies take centre stage.” said Arvind Nandan, Managing Director, Research & Consulting, Savills
