PE investment in Indian real estate stands at $322 million in Q3 2022
Real Estate

PE investment in Indian real estate stands at $322 million in Q3 2022

Private equity investment inflows into the Indian real estate sector stood at $322 million (Rs.26 billion) according to the latest report by Savills India. As many deals are taking longer timelines, Q4 ...

Private equity investment inflows into the Indian real estate sector stood at $322 million (Rs.26 billion) according to the latest report by Savills India. As many deals are taking longer timelines, Q4 2022 and Q1 2023 should see large announcements on the deals under closure. Investors are cautiously observing the intensifying inflationary pressures that are threatening the nascent economic recovery across the world. The global economy is experiencing an overall slowdown owing to the impact of the Russia-Ukraine war, tightening monetary conditions globally and lingering effects of the pandemic. Commercial office assets continued to remain the frontrunner during Q3 2022, garnering 47 per cent of the investment pie. All the quarterly investment came from foreign institutional investors and was concentrated in core office assets in Mumbai. Mumbai attracted the majority of investments during Q3 2022, garnering about 73 per cent share in the investment pie. The remaining investments were concentrated in Chennai. While Mumbai attracted investments in office and data centre assets, Chennai’s preferred sectors were residential, industrial and data centre assets. “Asset classes such as office, life sciences, data centres, and industrial are witnessing consistent interest and investment inflows. Allocations to the residential sector are also showing green shoots on the back of strong demand and sales. ESG compliance and social impact projects are being preferred by global investors and LPs. In the short term, there will be an impact of interest rates movement, and rupee/dollar position. On a slightly longer term, we will witness new fund managers and investors entering the Indian real estate market which started in 2022,” said Diwakar Rana, Managing Director, Capital Markets, Savills India.

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Next Story
Real Estate

Neoterra Developments breaks ground on ELMORA at Jumeirah Garden City

Neoterra Developments has officially commenced construction of its upscale residential tower, ELMORA, at Jumeirah Garden City following a groundbreaking ceremony held in Dubai. The developer confirmed that the project is scheduled for completion in February 2028 and also announced its next residential development in Dubai Production City, which is expected to be launched in Q2 2026.ELMORA, valued at approximately AED 130 million in gross development value (GDV), is being developed in collaboration with GRID, which has been appointed as the project’s Development Lifecycle Management (DLM) par..

Next Story
Real Estate

Bent Collective Unveils Sculptural Papillon Sofa

Bent Collective has introduced the Papillon Sofa, a sculptural seating piece that combines artistic design with everyday comfort. Defined by a fluid silhouette, the sofa features a gently curved backrest, asymmetrical form, rounded seating, a single rolled arm and sleek legs, creating a soft yet expressive presence for contemporary interiors. Upholstered in a soothing blue tone, the Papillon Sofa is designed to bring a sense of calm, movement and visual lightness to living spaces. Its organic form moves away from rigid lines, reflecting the brand’s focus on furniture that is both i..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement