New Delhi: Institutional investment in Indian real estate rose 20 per cent year-on-year to $2.52 billion in the April-June quarter due to higher inflows into residential and warehousing projects, according to Colliers India.
Real estate consultancy Colliers India on Wednesday released the data, stating that institutional investments in real estate amounted to $2,528.5 million in the April-June quarter this year, up 20 per cent from $2,106.4 million. from the same period of the previous year.
According to the data, investments in office assets decreased 83 percent to $329.6 million from $1,900.2 million.
However, inflows into residential increased to $543.5 million from $72.3 million.
Institutional investments in industrial and storage projects rose sharply to $1,533.1 million during April-June 2024 from $133.9 million a year ago.
With a share of 81 per cent, foreign investors, predominantly from the US and UAE, boosted real estate investments during the April-June period of this calendar year.
Domestic investors pumped in $500 million in the second quarter of this calendar year, almost three times more than in the same period last year.
Bengaluru and Delhi-NCR cumulatively attracted around 23 per cent of the entries in the last quarter.
During April-June 2024, institutional investments in the industrial and storage segment surged 11 times compared to the year-ago period, led by select large deals in the segment.
"Amid growing demand for premium grade A supply and evolving supply chain models, investor confidence in the segment has improved significantly. With healthy demand momentum, global investors and are going to play a prominent role in the consolidation of the industry and storage assets in the country," said the consultant.
Amid a major surge in e-commerce and retail consumption in India, several asset-level investors are likely to enter the market, driving demand for AI-enabled warehouses and micro-fulfillment centers in the coming quarters, it added. .
Real estate consultancy Colliers India on Wednesday released the data, stating that institutional investments in real estate amounted to $2,528.5 million in the April-June quarter this year, up 20 per cent from $2,106.4 million. from the same period of the previous year.
According to the data, investments in office assets decreased 83 percent to $329.6 million from $1,900.2 million.
However, inflows into residential increased to $543.5 million from $72.3 million.
Institutional investments in industrial and storage projects rose sharply to $1,533.1 million during April-June 2024 from $133.9 million a year ago.
With a share of 81 per cent, foreign investors, predominantly from the US and UAE, boosted real estate investments during the April-June period of this calendar year.
Domestic investors pumped in $500 million in the second quarter of this calendar year, almost three times more than in the same period last year.
Bengaluru and Delhi-NCR cumulatively attracted around 23 per cent of the entries in the last quarter.
During April-June 2024, institutional investments in the industrial and storage segment surged 11 times compared to the year-ago period, led by select large deals in the segment.
"Amid growing demand for premium grade A supply and evolving supply chain models, investor confidence in the segment has improved significantly. With healthy demand momentum, global investors and are going to play a prominent role in the consolidation of the industry and storage assets in the country," said the consultant.
Amid a major surge in e-commerce and retail consumption in India, several asset-level investors are likely to enter the market, driving demand for AI-enabled warehouses and micro-fulfillment centers in the coming quarters, it added. .
