New Delhi, October 9, 2024: Private equity (PE) firms continued their strong interest in the Indian real estate sector during the July-September period (Q3 2024), with investments reaching a substantial $2.2 billion. This marks a significant increase compared to the previous quarter, indicating growing confidence in the sector’s resilience and future prospects.
The industrial and logistics sector emerged as the star performer, attracting a substantial portion of the PE investments. This surge reflects the robust growth of e-commerce and manufacturing industries, driving demand for modern warehousing and logistics facilities.
Other sectors also witnessed notable PE activity. Residential real estate, particularly affordable and mid-segment housing, received a fair share of investor attention. The growing demand for affordable housing, coupled with government initiatives to promote affordable housing development, made it an attractive investment proposition.
The commercial real estate sector, including office spaces and retail properties, also saw increased PE interest. The strong performance of the Indian economy and the growing presence of multinational companies have fueled demand for quality commercial spaces.
Overall, the Q3 2024 PE investments in Indian real estate demonstrate a positive outlook for the sector. The growing confidence of investors highlights the resilience of the Indian economy and the potential for long-term growth in the real estate market. As the country continues to urbanize and industrialize, the demand for quality real estate assets is expected to remain strong, attracting further PE investments in the coming years.
