Cross-border investment in India in FY22 may reach $2.5 bn: Report

India is likely to receive $2.5 billion cross-border real estate investment in the financial year (FY) 2022, according to the recent Knight Frank report. Shishir Baijal, Knight Frank India Chairman and Managing Director, told the media that a series of structural reforms in the recent past has put the country’s realty sector on a high trajectory attracting global attention. The fast-improving pandemic situation in the country coupled with policy interventions to boost real estate sector increase will ensure global capital finds it attractive to compete in the sector, Baijal said. For cross-border realty investment, the United States (US), Germany, France, United Kingdom (UK), and the Netherlands are forecast to be the top destinations in 2022. In 2022, the US, Canada, UK, and Germany are predicted to be the largest deployers of cross-border capital, led by investment managers, institutions, and private equity investors. The office sector is tipped to be the focus of over half of all key cross-border transactions. In 2022, residential is determined to be the second most invested sector. Image SourceAlso read: Home preferences seeing an inclination towards gated communities Also read: Home renovation platform Livspace plans $50 mn biz expansion