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Institutional investment in the real estate sector doubled in January-March to reach $1.1 billion

Real Estate Investment increased: Investment in the real estate sector doubled to $1.1 billion (about Rs 8,375 crore) in the January-March quarter after recovering from the third wave of the Kovid epidemic. Property advisory firm Colliers India said in a statement that the figure stood at $500 million in the year-ago quarter, compared to $1 billion in the previous quarter.

Investment doubled compared to a year ago
Colliers India said in a statement, “Institutional investment in the Indian real estate sector reached $1.1 billion in the first quarter of calendar year 2022, double the year-ago period. And investment in real estate has increased due to improving investment sentiment.”

role of foreign investors
Investment activity in the quarter was supported by some big deals in office space. But foreign investors have played a major role in this investment with 70 per cent stake. The advisory firm said, “However, after the fall in the year 2020, the share of domestic investment has reached 30 per cent in this quarter, which is almost the pre-pandemic level. This reflects the increasing confidence of domestic investors in real estate. “

Retail sector at the forefront
In the period January-March 2022, nearly 95 per cent of the investments in India’s real estate sector went to the logistics segment, along with office, retail and industrial. In this too, the retail sector has been at the forefront with 23 per cent share.

Stable investment in housing sector
As far as investment in the housing sector is concerned, it has remained largely stagnant. In this quarter, only $ 15 million came in investment in the housing sector, which shows a growth of just one percent compared to a year ago. Piyush Gupta, Managing Director (Capital Markets and Investment Services), Colliers India said, “The real estate sector has witnessed positive structural changes and the performance indices point to a strong return to the housing, office, industrial and logistics sectors.”

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