Indian Real Estate Saw $63 Bn Institutional Investment since 2006
Indian real estate has attracted $62.8 billion of institutional investment since 2006, driven by a series of reforms in the sector, as per property consultant JLL India.
"The series of reforms that started in 2014 led to increased capital flows over the years. Out of the total Institutional investment of USD 62.8 billion from 2006 to March 2022, 58% was received from 2015 onwards," the consultant said in a statement.
"Deal flow currently looks very healthy, with USD 943 million transacted in
Q1 and with several large deals in the pipeline we expect 2022 investment volumes to be at par with 2018 and 2019 (pre covid) levels," said Lata Pillai, Managing Director and Head, Capital Markets, India, JLL.
"The lifting of restrictions led to a pick-up in investment momentum during Q1 2022. This quarter saw a 41% jump in institutional investments over
Q4 2021," Pillai said.
"Healthy leasing momentum has brought back-office demand with investors entering JVs/ development partnerships. Retail also continued
to see good traction with some opportunistic deals in the market,"
Pillai added.