Institutional investors infuse USD 721-mn in Indian realty sector in Q3: Report
Institutional investors infuse USD 721-mn in Indian realty sector in Q3: Report
Share:

Mumbai: According to Jones Lang LaSalle  (JLL) India, Institutional investment in real estate increased 17 percent year-on-year to USD 721 million in the July September period, driven by better infusion of funds in housing, data centre and warehousing projects, Institutional flow of funds includes investments by family offices, foreign corporate groups, foreign banks, proprietary books, pension funds, private equity, real estate fund-cum-developers, foreign funded NBFCs and sovereign wealth funds.

It also includes anchor investors in Real Estate Investment Trust (REIT). Property consultant JLL India said the data has been compiled as per available information in the public domain. The investment period has been captured on the basis of term sheet signed or transaction announcement and not from the actual transfer of capital. Investments in data centre sector have been included in the investments. The consultant said that institutional investment posted 17 percent year-on-year growth during Q3 2021 (July-Sept) as investors continued to conduct deals despite the resurgence led uncertainty and disruptions. However, the investment fell by 47 percent on a sequential basis. According to the data, institutional investments in residential sector remained flat at USD 211 million during the July-September period.

 

September retail sales near pre-pandemic levels: Retailers Association of India

Good news about Indian ECONOMY, will overtake China-US soon

India on well-placed on the path to swift recovery: Finance Ministry Report

 

Join NewsTrack Whatsapp group
Related News