$6 Billion Worth Investment in Indian Realty in 2019
CBRE South Asia Pvt. Ltd, released comprehensive findings of investment trends in the domestic industry and offered a vertical-wise break-up of the fund inflow in the sector. It stated that real estate in the year 2019 recorded a 27% increase in investment with approximate fund inflow of USD 6 billion across all key categories. Investment activities were dominated by ‘Office Sector’ and ‘Development Sites/Land’, with each commanding around 40% inflow of funds. This was followed by 11% investment in hotels. Anshuman Magazine, Chairman and CEO, India, South East Asia, Middle East and Africa, CBRE, said, “The healthy investment activity in the real estate sector is a testimony of its performance and resilience. With the industry becoming more organized, transparent, and profitable, it will continue to attract investments from global as well as domestic players.” Gaurav Kumar & Nikhil Bhatia, MD & Co-Heads, Capital Markets, India, CBRE South Asia Pvt. Ltd. further added, “India has emerged as a strong regional hub for institutional investors looking for opportunities in office, retail, warehousing and hospitality. This is underlined by significant foreign capital being deployed at land stage. We expect India to be better placed in the region on a relative basis due to the robust handling of the COVID-19 situation by the government.”
Tags : News/Views Real Estate Investment CBRE Anshuman Magazine India billion USD Gaurav Kumar Nikhil Bhatia CBRE South Asia Pvt. Ltd South East Asia Middle East and Africa