Equity investments in real estate to cross $10-11 billion in 2024

22 Nov 2024 CW Team

Equity capital inflows touched $8.9 billion between January and September 2024, registering a 46% year-on-year growth. Anshuman Magazine, chairman and CEO - India, South-East Asia, Middle East & Africa, CBRE said, "Projection for 2024 equity investments between USD 10 -11 billion, highest-ever, underscores continued investor interest in the growing real estate market in India. However, with SEBI's SM REIT framework, smaller but high-quality assets in tier-II markets will also present new avenues for strategic capital deployments." The average deal size also increased to nearly $45 million in the first nine months of 2024 from about $36 million in 2023. The office sector witnessed a resurgence of inflows during January-September 2024, with a nearly 50% year-on-year growth. Land and development sites and the office sector cumulatively attracted more than 70% of the investment flows during this period. Residential, retail, and mixed-use sectors also experienced a significant rebound in capital inflows, capturing a healthy share of the overall capital inflows in the first nine months of 2024. Nearly 64% of the capital inflows in the land and development sites went into residential developments, and the rest were allocated to mixed-use developments, warehousing projects, and the development of retail, data centre, and hospital projects. Developer companies led the total capital inflows with more than 41% share in this period. Domestic investors (predominantly developers) invested nearly $6 billion during the first nine months of the calendar year, dominating the overall capital inflows with an almost 65% share. Gateway cities such as Delhi-NCR, Mumbai, and Bengaluru remained the preferred markets with a cumulative share of over 63% in investment inflows in January to September this year. Delhi-NCR witnessed the highest share of ~26% in capital inflows (amounting to ~$2.3 billion). Equity capital inflows into tier-II and III cities also reached nearly $0.6 billion, with Ludhiana, Mohali, Tuticorin, Hubli, Coimbatore, and Indore collectively accounting for ~76% of these inflows.

Debt financing in the real estate sector soared to a new peak in January-September 2024, surpassing $4.7 billion and marking a more than twofold increase compared to the same period last year.

Equity capital inflows touched $8.9 billion between January and September 2024, registering a 46% year-on-year growth. Anshuman Magazine, chairman and CEO - India, South-East Asia, Middle East & Africa, CBRE said, Projection for 2024 equity investments between USD 10 -11 billion, highest-ever, underscores continued investor interest in the growing real estate market in India. However, with SEBI's SM REIT framework, smaller but high-quality assets in tier-II markets will also present new avenues for strategic capital deployments. The average deal size also increased to nearly $45 million in the first nine months of 2024 from about $36 million in 2023. The office sector witnessed a resurgence of inflows during January-September 2024, with a nearly 50% year-on-year growth. Land and development sites and the office sector cumulatively attracted more than 70% of the investment flows during this period. Residential, retail, and mixed-use sectors also experienced a significant rebound in capital inflows, capturing a healthy share of the overall capital inflows in the first nine months of 2024. Nearly 64% of the capital inflows in the land and development sites went into residential developments, and the rest were allocated to mixed-use developments, warehousing projects, and the development of retail, data centre, and hospital projects. Developer companies led the total capital inflows with more than 41% share in this period. Domestic investors (predominantly developers) invested nearly $6 billion during the first nine months of the calendar year, dominating the overall capital inflows with an almost 65% share. Gateway cities such as Delhi-NCR, Mumbai, and Bengaluru remained the preferred markets with a cumulative share of over 63% in investment inflows in January to September this year. Delhi-NCR witnessed the highest share of ~26% in capital inflows (amounting to ~$2.3 billion). Equity capital inflows into tier-II and III cities also reached nearly $0.6 billion, with Ludhiana, Mohali, Tuticorin, Hubli, Coimbatore, and Indore collectively accounting for ~76% of these inflows. Debt financing in the real estate sector soared to a new peak in January-September 2024, surpassing $4.7 billion and marking a more than twofold increase compared to the same period last year.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..