PE investment in real state up 40% during Apr-Sept
Real Estate

PE investment in real state up 40% during Apr-Sept

Private equity investment in real estate increased 40% to $2.8 billion during the April-September period of this financial year, with a huge inflow coming from foreign funds, especially in office assets, according to an Anarock report. In the corresponding period of the last financial year, PE investment stood at $2 billion.

"Investor confidence in Indian real estate is increasing steadily as a reflection of improvement in the Indian economy and the state of the real estate industry," said Shobhit Agarwal, managing director and chief executive of Anarock Capital, which is part of real estate consultant Anarock.

Investments by foreign investors contributed around 78 per cent to the total inflow in the first half of this fiscal, reflecting their strong confidence in Indian real estate.

Domestic investments increased by 45% while foreign investments rose by 36% of the total capital inflows in April-September of 2022-23 compared to the year-ago period.

Top 10 deals accounted for 86 per cent of the total value of PE investments in the first six months of this fiscal, as compared to 80 per cent in the first half of FY'22.

Among various asset classes of the real estate sector, Agarwal said the demand in the office market has seen a "meaningful recovery". The PE investments in office assets stood at $1,862 million during April-September of this fiscal - almost equivalent to the investment in the whole last financial year.

Across geographies, Anarock noted that PE investments came more in Delhi-NCR.

See also:
Haryana plans to invest Rs 1 trillion in Gurugram Global City
YEIDA plans mixed land-use scheme for industries, housing


Private equity investment in real estate increased 40% to $2.8 billion during the April-September period of this financial year, with a huge inflow coming from foreign funds, especially in office assets, according to an Anarock report. In the corresponding period of the last financial year, PE investment stood at $2 billion. Investor confidence in Indian real estate is increasing steadily as a reflection of improvement in the Indian economy and the state of the real estate industry, said Shobhit Agarwal, managing director and chief executive of Anarock Capital, which is part of real estate consultant Anarock. Investments by foreign investors contributed around 78 per cent to the total inflow in the first half of this fiscal, reflecting their strong confidence in Indian real estate. Domestic investments increased by 45% while foreign investments rose by 36% of the total capital inflows in April-September of 2022-23 compared to the year-ago period. Top 10 deals accounted for 86 per cent of the total value of PE investments in the first six months of this fiscal, as compared to 80 per cent in the first half of FY'22. Among various asset classes of the real estate sector, Agarwal said the demand in the office market has seen a meaningful recovery. The PE investments in office assets stood at $1,862 million during April-September of this fiscal - almost equivalent to the investment in the whole last financial year. Across geographies, Anarock noted that PE investments came more in Delhi-NCR. See also: Haryana plans to invest Rs 1 trillion in Gurugram Global CityYEIDA plans mixed land-use scheme for industries, housing

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code