Real estate PE investment witnesses 47% surge in March quarter

20 Apr 2022 CW Team

Private equity (PE) investment inflows into the Indian real estate sector stood at $1 billion during the March quarter, almost five times the December quarter, and witnessed a 47% slump when compared to the March quarter of 2021, according to a report by Savills India, a global property consultancy firm.

During the December quarter of 2021, PE investments into Indian real estate stood at $218 million against $1.9 billion during the March quarter last year.

According to the report, commercial office assets during the last quarter remained the frontrunner, garnering more than two-thirds share of the investment pie. All the quarterly investment in the sector came from foreign institutional investors and was focused on core office assets in Bengaluru.

Savills India told the media that the unabated interest of global investors in Indian real estate developments coupled with the confidence that real estate consumption will rebound once the Covid-19 is over. It has marked the largest acquisition of an operational real estate asset in India in the last five years.

The first quarter of 2022 (Q1 2022) has already clocked in nearly one-third of the investment inflows that the sector witnessed in 2021.

Savills India, Managing director, Capital Markets, Diwakar Rana, told the media that while the Covid-19 pandemic had delayed the brisk activity in most real estate segments, the third wave didn’t have any adverse impact on the real estate sector.

During the quarter, key transactions included investment of GIC into Bengaluru's Bhartiya City and $346 million investment of CPP into select commercial office assets of RMZ Corp and $248 million investment of Abu Dhabi Investment Authority into Viviana Mall.

Image Source

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..