Team Blitz India
NEW DELHI: Foreign inflows comprised 77 per cent of the total institutional investment in Indian real estate between 2019 and 2023, said a report on March 13 marking continued confidencein the sector.
The average annual total investment in the period was $5.1 billion, said real estate consultancy Colliers in its ‘2024 Investor Insights – Country Spotlight Series report. Of that amount, $4 billion was foreign inflow.
“Global investors have always remained at the forefront and consistently infused an average of $4 billion annually in the last five years, showcasing continued commitment and confidence towards the sector,” said Piyush Gupta, managing director (Capital Markets & Investment Services) at Colliers India.
The office sector got the highest average inflow ($2 billion). It was followed by the alternatives sector ($0.5 billion) and industrial and logistics, residential, and mixed-use ($0.4 billion each).
“While strong preference continues for income-yielding office assets, residential, industrial, and alternatives are likely to witness renewed interest,” the report said.
The United States and Canada are the top sources of capital in Indian real estate and there is growing interest from Asia-Pacific (APAC) countries Singapore, Hong Kong, South Korea, and Japan.
