Foreign capital in Indian realty jumps to $23.9 bn during 2017-21

The foreign investment in Indian real estate increased three times to $24 billion during 2017-21 period, according to a recent report by Colliers in association with Federation of Indian Chambers of Commerce & Industry (FICCI).

In the last five years, global investors have showcased an increase in their inclination for investment in the Indian real estate floated by the regulatory reforms introduced in 2016.

Foreign investors who previously did not invest in the Indian real estate market because of the lack of transparency have started investing in the sector with an optimistic mindset from 2017. The foreign investments share in Indian real estate has increased to 82% during 2017-2021, in comparison with 37% in the previous five-year period.

Colliers India, Capital Markets and Investment Services, MD Piyush Gupta told the media that the investors are continuing to invest along with developers having proven expertise in their respective business areas to establish and acquire long-term sustainable assets. Additionally, due to residential sales doing good across markets in the country, available opportunities will grow for developers and more structured Capital is expected to flow in Indian real estate.

The report added that during 2017-21, the share of the office sector in the total foreign investments was 43%, which was followed by the mixed-use sector with 18% of the share. The office sector foreign investments have now reached $2 billion every year since 2017, excluding 2021.

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