Institutional investments in Indian real estate touched USD 1.0 billion in Q1 2024; cues for a positive start
Investments in the Indian real estate sector by institutional investors reached $1.0 billion in the first quarter of 2024. Though this indicates a decline of 40% compared to the same period in the previous year, India’s real estate investments displayed an upward trend, with a 21% quarter-on-quarter increase, as reported by Colliers.
Foreign investments continued to dominate, constituting 55% of the total inflows, while domestic investments also registered a significant increase of 15% year-on-year in Q1 2024. The share of domestic inflows in overall institutional investments continued to rise to 45%, compared to 24% in Q1 2023.
During the last quarter, there were some notable business investments like Edelweiss Capital invested $178.8 million in MFAR Developers, a significant infusion of funds for the company