The industrial and logistics segment also saw inflows of Rs 268 crore, a sharp decline from Rs 2,170 crore in Q1 2023. Hospitality projects did not attract any interest from investors during January-March 2024, while investments of Rs 1,100 crore were made in January-March. period the year before.
Somi Thomas, Managing Director, Valuation & Advisory and Capital Markets Cushman & Wakefield said, “Q1,2024 saw another strong quarter of capital inflows into the Indian real estate sector, with the residential sector dominating due to new client and investor confidence. Stayed. "
“This strong performance has attracted the attention of investors, prompting them to pour money into a market projected for further growth,” Thomas said.
Investment numbers from domestic investors continued to rise in the March quarter, which will provide protection from any potential global headwinds, the advisor said.“As we enter the new fiscal year, we expect this momentum to continue, with potentially more diversified investments in the future,” Thomas said.
According to the report, investment in real estate stood at around Rs 9,130 crore (US$1.1 billion) in January-March this year, down 39 per cent from the previous quarter and up 3 per cent year-on-year.
“The residential sector dominated the quarterly investment at 63 per cent. I can safely say, this is almost double the quarterly average for the residential sector in the last eight quarters. About 48 per cent of the investment in the residential sector was at the beginning of growth across the country. Focused on stages.Top cities,” said th consultant.
The increase in the share of domestic investors seen in 2023 continued in Q124, with their share accounting for 57 per cent of total quarterly investments, while foreign investors and affiliate (or mixed) deals comprised the remainder.
Bengaluru emerged as the leading city with 25.6 per cent share investment. Pune ranked second in investment volume, claiming a 14 percent share.
“The share of equity investments in total investments stood at 58 per cent, the lowest share of equity in eight quarters, primarily due to the high interest rate environment and global geopolitical uncertainties."In contrast, credit investment has doubled the quarterly average level of the previous eight quarters, and was almost all directed towards the residential sector," the report said.
Somi Thomas, Managing Director, Valuation & Advisory and Capital Markets Cushman & Wakefield said, “Q1,2024 saw another strong quarter of capital inflows into the Indian real estate sector, with the residential sector dominating due to new client and investor confidence. Stayed. "
“This strong performance has attracted the attention of investors, prompting them to pour money into a market projected for further growth,” Thomas said.
Investment numbers from domestic investors continued to rise in the March quarter, which will provide protection from any potential global headwinds, the advisor said.“As we enter the new fiscal year, we expect this momentum to continue, with potentially more diversified investments in the future,” Thomas said.
According to the report, investment in real estate stood at around Rs 9,130 crore (US$1.1 billion) in January-March this year, down 39 per cent from the previous quarter and up 3 per cent year-on-year.
“The residential sector dominated the quarterly investment at 63 per cent. I can safely say, this is almost double the quarterly average for the residential sector in the last eight quarters. About 48 per cent of the investment in the residential sector was at the beginning of growth across the country. Focused on stages.Top cities,” said th consultant.
The increase in the share of domestic investors seen in 2023 continued in Q124, with their share accounting for 57 per cent of total quarterly investments, while foreign investors and affiliate (or mixed) deals comprised the remainder.
Bengaluru emerged as the leading city with 25.6 per cent share investment. Pune ranked second in investment volume, claiming a 14 percent share.
“The share of equity investments in total investments stood at 58 per cent, the lowest share of equity in eight quarters, primarily due to the high interest rate environment and global geopolitical uncertainties."In contrast, credit investment has doubled the quarterly average level of the previous eight quarters, and was almost all directed towards the residential sector," the report said.
