According to the Department of Promotion of Industry and Internal Trade Policy (DPIIT), the construction sector is the third-largest in terms of FDI inflow. From April 2020 to June 2021, the sector attracted USD 51.5 billion in FDI. In addition, the Indian real estate market drew USD 5 billion in institutional investments in 2020 alone, accounting for 93 percent of transactions in the previous year, and private equity investments totaling USD 3,240 million across about 20 deals in Q4 of FY 2021.
According to property consultants JLL India and Savills India, institutional investments in the real estate sector increased by 17 percent and private equity investments increased by 24 percent year over year in the September quarter.
Blackstone, which manages around USD 50 billion in market value in the real estate industry and is one of the top private market investors in India, plans to invest another USD 22 billion in the next ten years.
The real estate sector's expansion is a strong indicator of the Indian economy's rapid recovery. The country's second largest employer is gearing ready to support the infrastructure sector and offer both short- and long-term job possibilities.
Pankaj Bansal, Director of M3M India, India's premier real estate developer and the largest developer of retail space in North India, is optimistic about the real estate sector's quick recovery following the Covid recession and is aggressive in attracting FDI.
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