The share of foreign investors has surged from 27% in Q3 2023 to 46% in Q3 2024, while domestic investors’ share fell to 43% from 71% year-on-year. However, the decrease in domestic investment value was only 15%.

Shrinivas Rao, CEO of Vestian, noted that the growth reflects confidence in India’s economic prospects, bolstered by strong GDP growth and rapid infrastructure development. Residential assets remained a preferred choice for domestic investors, while foreign investors dominated commercial deals, which accounted for 71% of total investments in Q3 2024, up from 24% a year earlier.

Chennai emerged as the top city for investment during this period, capturing 48% of total investments, primarily in industrial and warehousing sectors. Additionally, proptech platforms gained traction, representing 22% of the total investments, a trend likely to continue with advancements in artificial intelligence and machine learning within the real estate sector.

Also Read: Industrial & Warehousing sector records 21.9% annual demand growth in H1 2024

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