Up next

Institutional investments in India’s real estate sector surged to USD 1.1 billion during the third quarter of 2024, reflecting a 45% increase compared to Q3 2023, according to Colliers. This brings total inflows for the first three quarters of 2024 to USD 4.7 billion, nearly matching the previous year’s figures.

The office segment led the charge, accounting for over half of the investments at 54%, while the residential sector contributed 33%. Domestic investments made up 44% of total inflows during the quarter, with Chennai and Mumbai together attracting 57% of the total.

The increase in institutional flows underscores growing confidence in the Indian economy, with significant interest from both domestic and foreign investors. Foreign investments in Q3 2024 reached USD 0.6 billion, more than doubling compared to the same period last year.

Chennai saw a remarkable rise, capturing USD 380.1 million in inflows, a 710% increase year-on-year. Meanwhile, Mumbai secured USD 277.6 million, representing a 41% increase.

Experts predict continued momentum in 2024, potentially surpassing 2023 levels, as investors focus on office, industrial, and residential assets amid favorable market conditions.

Also Read: Data Benchmarking Institutions Launched to Empower Indian REIT Investors

SHARE ON
TwitterWhatsappFacebookBufferLinkedInPin It
You May Also Like

TATA Capital invests Rs. 130 crores in Prescon Group’s Mahim project

By Varun Singh Tata Capital Housing Finance Ltd, the flagship financial services…
Realty stocks opened with a positive bias today as investors reacted to the MPC’s signal of future rate cuts. Large developers gained early while mid-caps showed mixed trends. Here’s the full analysis of what to expect as the day unfolds.

🏗️ Realty Stocks Open Steady: DLF, Godrej, Lodha Edge Higher While Mid-Caps Struggle to Find Momentum

Realty stocks traded higher in morning trade, led by DLF, Godrej, and Lodha, as festive demand optimism kept sentiment steady. Mid-caps slipped on profit-taking, with investors watching booking data and institutional flows to guide the sector through the day.
Depressed homebuyer

MahaRERA Dismisses Homebuyers’ Refund Plea as They Relinquished Property to Lender

MahaRERA has ruled that homebuyers who relinquish their property to a lender lose their right to claim refunds from the developer. In a case involving the Zeal Regency project, two buyers sought a refund after the project was delayed, but MahaRERA dismissed their plea, citing that they had surrendered ownership to the lender, who later auctioned the flat.
An Awfis–ANAROCK report identifies Managed Office Spaces as India’s fastest-evolving enterprise workspace model, driven by GCC expansion, hybrid work, ESG priorities, and growing demand across Tier I, II and III cities.

Stamp Duty Adjudication Goes Digital: Maharashtra Citizens Can Apply Online

The Maharashtra government has digitized stamp duty adjudication, enabling citizens to apply online and track case status. Homebuyers, who often face confusion about stamp duty amounts, stand to benefit most from this streamlined process.