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27% rise in real estate investment in 2019: Study

The findings of a recent a report by property consultant CBRE reveal that the country’s real estate recorded a 27% increase in investment in 2019 with approximate fund inflow of US$ 6 billion across all key categories.

The office sector and development land with each commanding around 40% inflow of funds, constituted majority of this investment. The next major category of investment was the hotel sector, with 11% inflow of funds. Majority of these investments were funded by foreign players who contributed to the tune of 65%. Mumbai, National Capital Region (NCR), Bangalore and Hyderabad were the major beneficiaries of this investment.

“With the industry becoming more organized, transparent, and profitable, it will continue to attract investments from global as well as domestic players. The steps initiated by the government to increase liquidity in the market has also worked well in increasing the confidence of investors,” stated Anshuman Magazine, Chairman and CEO, India, South East Asia, Middle East and Africa, CBRE.

The firm anticipates 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.

 

 

 

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