Private equity investment in Indian real estate falls 4%

18 Oct 2024 CW Team

Private equity investments in the Indian real estate sector decreased by 4% to $2.3 billion in the first half of the fiscal year, primarily due to a decline in funding for office assets, according to Anarock.

The consulting firm reported that the number of deals dropped to 17 during April-September, down from 24 in the same period last year. Shobhit Agarwal, MD & CEO of Anarock Capital, noted that foreign investors, who primarily drive office investments, have pulled back due to global issues such as geopolitical tensions and rising interest rates.

Despite the decline, the overall dominance of foreign investors in the Indian real estate market remains stable, bolstered by significant investments like the ADIA/KKR partnership in Reliance Retail's warehousing assets.

Historical data shows a fluctuating trend in private equity investments: $1.2 billion in H1 2020-21, $2 billion in H1 2021-22, $2.8 billion in H1 2022-23, $2.4 billion in April-September 2023-24, and now $2.3 billion in H1 2024-25.

Interestingly, the average deal size has increased by 23% year-on-year, largely driven by the Reliance-ADIA/KKR warehousing deal, which accounted for 67% of total investments in the first half of FY25.

Foreign investors comprised 87% of the total private equity investments during this period. The industrial and logistics sectors attracted 67% of total investments, significantly outperforming both the office and residential sectors, which each garnered 17%. While office sector investments plummeted by 79%, the industrial and logistics sectors saw a remarkable 378% increase compared to the previous financial year.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..