New Delhi: Foreign investors poured $3.1 billion into Indian real estate between January and June this year, accounting for 65 per cent of total institutional investment, according to JLL India.
Data from real estate consultancy JLL India released on Friday showed that total institutional investment in real estate rose 62 per cent to $4.76 billion in January-June 2024 from $2.939 billion in the same period last year.
In complete contrast, another real estate consultant, Colliers India, earlier this week reported a 6 per cent decline in total institutional investment in real estate to $3,523.6 million during the first half of 2024, down from $3,764.7 million dollars in the same period of the previous year.
According to JLL India, institutional investments in real estate rose to $4.8 billion between January and June this year.
"This already represents 81 per cent of the total investments in 2023, which amounted to $5.8 billion," the consultant said, adding that "investors' unwavering confidence in India prevails amid global uncertainties and the seasonal electoral, which exemplifies the country's solid history of economic growth. ".
Of the total inflows, the storage sector led with a 34 percent share of investments, closely followed by the residential sector with a 33 percent share and the office sector with 27 percent.
The first half of 2024 saw nearly double the number of deals compared to the same period last year, with an average deal size of $113 million.
"Foreign institutional investors (IFIs) dominate Indian investments worth $3.1 billion, accounting for a 65 per cent share of total investments in January-June 2024," JLL said.
In 2023, domestic investors accounted for 37 percent of investments, compared to an average of 19 percent in the previous five years. This trend appears to continue in the first half of 2024, where domestic investors account for a 35 percent share.
Data from real estate consultancy JLL India released on Friday showed that total institutional investment in real estate rose 62 per cent to $4.76 billion in January-June 2024 from $2.939 billion in the same period last year.
In complete contrast, another real estate consultant, Colliers India, earlier this week reported a 6 per cent decline in total institutional investment in real estate to $3,523.6 million during the first half of 2024, down from $3,764.7 million dollars in the same period of the previous year.
According to JLL India, institutional investments in real estate rose to $4.8 billion between January and June this year.
"This already represents 81 per cent of the total investments in 2023, which amounted to $5.8 billion," the consultant said, adding that "investors' unwavering confidence in India prevails amid global uncertainties and the seasonal electoral, which exemplifies the country's solid history of economic growth. ".
Of the total inflows, the storage sector led with a 34 percent share of investments, closely followed by the residential sector with a 33 percent share and the office sector with 27 percent.
The first half of 2024 saw nearly double the number of deals compared to the same period last year, with an average deal size of $113 million.
"Foreign institutional investors (IFIs) dominate Indian investments worth $3.1 billion, accounting for a 65 per cent share of total investments in January-June 2024," JLL said.
In 2023, domestic investors accounted for 37 percent of investments, compared to an average of 19 percent in the previous five years. This trend appears to continue in the first half of 2024, where domestic investors account for a 35 percent share.
