Mumbai, India – October 3, 2024: The Indian real estate sector witnessed a surge in institutional investment during the third quarter of 2024, with inflows reaching a substantial $1.1 billion. This represents a significant increase of 45% compared to the previous quarter, underscoring the growing confidence of global investors in the country’s real estate market.
According to a report by Colliers International, the surge in institutional investment was primarily driven by strong demand for commercial real estate assets, particularly office and retail spaces. The robust economic growth in India, coupled with favorable government policies, has made the country an attractive destination for foreign capital.
The report further highlights the increasing preference of institutional investors for large-scale, high-quality projects located in key cities such as Mumbai, Delhi, and Bengaluru. These cities offer a stable and growing rental market, providing investors with a steady stream of income.
The influx of institutional capital is expected to fuel further development and growth in the Indian real estate sector. It will lead to the creation of new projects, job opportunities, and boost economic activity in various regions across the country. Additionally, it will contribute to the modernization and upgrading of the real estate stock, enhancing the overall quality and efficiency of the sector.
Overall, the third quarter of 2024 marked a significant milestone for the Indian real estate market, with institutional investment reaching new heights. This positive trend is a testament to the growing confidence of investors in the country’s economic prospects and the resilience of its real estate sector.
