Indian Real Estate Market Witnesses a Record USD 6 Billion worth Investment in 2019
News Desk, News Nation 360 : CBRE South Asia Pvt. Ltd, India’s leading real estate consulting firm, today released comprehensive findings of investment trends in the domestic industry and offered a vertical-wise break-up of the fund inflow in the sector. The findings by CBRE stated that the real estate industry in the year 2019 recorded a 27% increase in investment with approximate fund inflow of USD 6 billion across all key categories. Anshuman Magazine, Chairman and CEO, India, South East Asia, Middle East and Africa, CBRE, said that the healthy investment activity in the real estate sector is a testimony of its performance and resilience. With the industry becoming more organized, transparent, and profitable, it will continue to attract investments from global as well as domestic players. The steps initiated by the government to increase liquidity in the market has also worked well in increasing the confidence of investors. Giving a comparison of the investment received, the findings also mentioned that the sector received a total investment of USD 4.8 billion in 2018. City-wise the investment activities were led by Mumbai, National Capital Region (NCR), Bangalore and Hyderabad. The investment activity in all the key segments was led mostly by foreign players who contributed to the tune of 65%. The total investment made by the domestic players in various real estate projects accounted for 35 %. The findings further stated that the investment activities were dominated by Office Sector and Development Sites/Land, with each commanding around 40% inflow of funds. This was followed by 11% investment in hotels. The investment in Development Sites/Lands in 2019 saw a 5% increase as compared to 2018. The Hotels segment saw a 10% increase in the total investment against that of 2018.
Report : Anustup Kundu