Commercial office assets accounted for 46 per cent of the total inflows during 2019 totaling USD 2.8 billion (Rs 19,900 crore) with the sector backed by strong demand dynamics and rental appreciation. The interest in office assets is backed by robust demand and rental appreciation.
New Delhi: Investment in Indian real estate sector is estimated to have increased by 9 per cent to Rs 43,780 crore during this calendar year on higher inflow from foreign funds, according to global property consultant Colliers. Office properties attracted 46 per cent of the total inflow and received nearly Rs 20,000 crore this year.
"Investment in India's real estate rose 8.7 per cent in 2019 compared to 2018, and touched USD 6.2 billion (Rs 43,780 crore)," Colliers said in a report...
Foreign funds accounted for about 78 per cent of the total investments in 2019- the highest share ever.
During 2020, Colliers projects inflows of USD 6.5 billion (Rs 46,170 crore) into the real estate sector.
"We recommend investors to look at opportunistic assets including under-construction office assets, supported by strong demand dynamics in information technology (IT)-led markets such as Bengaluru, Hyderabad and Pune, offering ample opportunities to investors" said San ..