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Real Estate Sector Attracts Record $8.8 Bn Institutional Investments
Real Estate

Real Estate Sector Attracts Record $8.8 Bn Institutional Investments

The year 2024 saw the real estate sector attracting institutional investments of $8.8 billion across deals. Among different asset classes, the residential segment attracted almost half of the inflows followed by office buildings at 28% and warehousing properties at 23% among others, a report by JLL has said. JLL India has estimated the institutional investment in Indian real estate at $8.878 billion in 2024 compared to $5.878 billion in the preceding calendar year. This figure stands as the highest on record, eclipsing the 2007 peak of $8.4 billion and represents a substantial 51% increase from the previous year’s $5.8 billion. Also, deal activity intensified, and the year saw an increase in number of deals by 47%. This robust performance underscores the growing confidence in Indian real estate, positioning 2024 as a pivotal year for the industry, the consultant said. Additionally, 2024 saw a total of $2.4 billion in platform commitments. These funds are earmarked for gradual investment over the coming 3-5 years.

The year 2024 saw the real estate sector attracting institutional investments of $8.8 billion across deals. Among different asset classes, the residential segment attracted almost half of the inflows followed by office buildings at 28% and warehousing properties at 23% among others, a report by JLL has said. JLL India has estimated the institutional investment in Indian real estate at $8.878 billion in 2024 compared to $5.878 billion in the preceding calendar year. This figure stands as the highest on record, eclipsing the 2007 peak of $8.4 billion and represents a substantial 51% increase from the previous year’s $5.8 billion. Also, deal activity intensified, and the year saw an increase in number of deals by 47%. This robust performance underscores the growing confidence in Indian real estate, positioning 2024 as a pivotal year for the industry, the consultant said. Additionally, 2024 saw a total of $2.4 billion in platform commitments. These funds are earmarked for gradual investment over the coming 3-5 years.

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Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

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Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

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Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

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