In Q1, Q2 & Q3 FY23, PE investment in NCR real estate increased by 58%
Real Estate

In Q1, Q2 & Q3 FY23, PE investment in NCR real estate increased by 58%

According to a survey released, private equity (PE) companies are more interested in the real estate market in the National Capital Region (NCR) than the Mumbai Metropolitan Region (MMR) this fiscal year. According to ANAROCK Capital's Flux report, private equity investors spent $1,215 million in NCR real estate in the first nine months of the fiscal year 2022-23 (FY23), up from $771 million in the same period the previous fiscal year. According to the report, overall PE inflows in the NCR region, which includes Delhi and other cities, have increased by 58% annually.

Total PE investments in MMR for FY23 were $224 million, down from $574 million during the same period the year before. Chennai increased its participation from 1% of all PE inflows in the first nine months of FY22 to 8% in the first nine months of FY23. According to the data, investments of $268 million were recorded in Chennai in 9M FY23 as opposed to $37 million in the same period the previous financial year. In comparison to the same time in FY22, PE funding in Indian real estate climbed 3% annually, reaching $3.4 billion in 9M FY23.

According to a survey released, private equity (PE) companies are more interested in the real estate market in the National Capital Region (NCR) than the Mumbai Metropolitan Region (MMR) this fiscal year. According to ANAROCK Capital's Flux report, private equity investors spent $1,215 million in NCR real estate in the first nine months of the fiscal year 2022-23 (FY23), up from $771 million in the same period the previous fiscal year. According to the report, overall PE inflows in the NCR region, which includes Delhi and other cities, have increased by 58% annually. Total PE investments in MMR for FY23 were $224 million, down from $574 million during the same period the year before. Chennai increased its participation from 1% of all PE inflows in the first nine months of FY22 to 8% in the first nine months of FY23. According to the data, investments of $268 million were recorded in Chennai in 9M FY23 as opposed to $37 million in the same period the previous financial year. In comparison to the same time in FY22, PE funding in Indian real estate climbed 3% annually, reaching $3.4 billion in 9M FY23.

Next Story
Technology

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Next Story
Infrastructure Transport

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Next Story
Real Estate

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?