Investors can't have enough of Indian realty pie; money keeps pouring in

India's real estate sector sees significant institutional investments in Q3 2024, with the office segment surging to $600 million, a 6.8-fold increase from the previous year, driven by major foreign players. Residential assets also record notable ...

By ET Bureau | Updated: Oct 03, 2024, 12.11 AM IST

Bengaluru: India's realty sector faced robust institutional inflows in the September quarter, underscoring sustained confidence from domestic and overseas investors.

Institutional investment in the office segment made a strong comeback, surging 6.8 times from a year earlier to $600 million in the quarter. Investment in the office segment had plunged 83% year-on-year in the June quarter to $329.6 million as funds remained cautious.

Residential assets too faced notable inflows in Q3 2024 at $400 million, growing 40% from a year earlier, according to data from real estate services firm Colliers.

Foreign investments comprised 88% of total institutional inflows into the office segment during Q3 2024, marked by large deals by global funds like ADIA, GIC, Keppel Land and MapleTree.

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