India received foreign institutional inflows worth USD 26.6 billion into real estate during the six-year period from 2017 to 2022, a three-fold rise from the preceding six-year period, according to Nasdaq-listed investment management company Colliers.
In the quarter ended March 31, the institutional investments in the real estate sector were up 37 per cent to $1.7 billion, compared to the same quarter in 2021-22. The office sector led the growth.
According to the report, foreign investments accounted for a sizeable share of 81 per cent of the total investments in real estate during 2017-22.
The NCR is one of major real estate markets, with a high housing demand.
In the first quarter of 2023, the region witnessed the addition of around 12,450 new housing units, of which 28 per cent were added to the affordable segment, according to the latest research report by real estate consultants Anarock. However, the region’s real estate market was not uniform, with some areas witnessing a surge in new launches. In contrast, others reported a decline in sales.
