Institutional investment in realty to grow 4% to Rs 36,500 cr: Report
Institutional investment in real estate is likely to rise by 4 per cent to USD 5 billion (Rs 36,500 crore) during this calendar year with investors looking to snap up properties at attractive valuations amid the COVID pandemic, according to property consultant Colliers India.
Institutional investment in real estate stood at USD 4.8 billion during 2020.
Investment in the Indian real estate sector stood at USD 2.9 billion (Rs 21,170 crore) during the first six months of 2021 calendar year, more than a two-fold increase from the year-ago period.
We estimate total inflows in 2021 will reach USD 5 billion (Rs 36,500 crore), Colliers India said in a report released on Tuesday.
The consultant said that investors continue to have a healthy appetite for office assets, which accounted for 35 per cent of the total investments in the first half of this year.
https://www.business-standard.com/article/companies/institutional-investment-in-realty-to-grow-4-to-rs-36-500-cr-report-121072000756_1.html
