Real Estate received an equity investment of US $ 26.7 billion during 2022-24 – Cross Talk India
The Indian Real Estate sector has earned an equity investment of US $ 26.7 billion in the last three calendar year. The special thing is that Mumbai has been at the forefront of achieving equity investment. The city of Mumbai received more than one-fourth of the total flow. This information has been given in the CII-CBRE report. According to PTI news, the Real Estate Advisor CBRE and the Confederation of Indian Industry (CII) released a joint report.
6.9 billion US dollars to Mumbai
According to the news, this combined report, real estate landscape and existing financing strategies, which include equity and debt investment and other strategic insights related to AIF, provide a view. The advisor said that Mumbai topped the real estate equity investment with a high of US $ 6.9 billion, which is responsible for 26 percent stake. Mumbai, Delhi-NCR and Bengaluru together acquired about 16.5 billion US dollars, which is responsible for a total of 62 percent stake during this period.
Land/development sites achieved the highest equity investment
The report ‘BRICS and Billions- Mapping the Financing Landscape of Real Estate’ stated, this continuous dominance of the gateway cities was operated by strong urban infrastructure of investment-grade projects, a skilled talent pool, strong demand in asset class and constant formal real estate ecosystem. Land/development sites attracted the largest share of equity investment, which was 44 percent of the total flow between calendar year 2022-24, followed by office assets manufactured, with 32 percent stake. Between the calendar year 2022 and 2024, Tier-II cities took around 10 percent of the total real estate equity investment, which was about 3 billion US $.
Real Estate Sector is becoming increasingly institutional
CBRE Chairman and CEO of India, South-East Asia, Middle East and Africa Anshuman magazine said that India’s real estate sector is entering a new phase of development. He said that strong investors are supported by the spirit, especially in office assets and residential development, strong infrastructure and stable and user demand. Rishi Kumar Bagla, Chairman, CII Western Region and Chairman and Managing Director, BG Electricals and Electronics, said India’s real estate sector is becoming increasingly institutional, creating a more transparent, risk-less environment that is according to the expectations of global investors.
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