look news india
Ahmedabad: Private equity investment inflows into the Indian real estate sector are expected to increase by 9 percent to $2.2 billion i.e. Rs. The figure of 186 billion has been touched. In terms of year-on-year numbers, the third quarter has seen double figures.
According to a report by global real estate consulting firm Savills India, investment inflows of $3.9 billion have been recorded between January-September 2024, surpassing the investments recorded in the entire year 2023.
According to the quarterly data, the industrial and logistics segment led the way, accounting for 77 percent of the total investment volume and totaling $1.7 billion i.e. Rs. It was 144 billion. Growing demand from e-commerce players and the government's push to establish India as a manufacturing hub have led to increased opportunities in the sector, leading to a surge in inflows. 21 percent PE investment has come in the commercial office segment.
If we look at the big deals of the third quarter, Abu Dhabi Investment Authority and KKR invested $15.37 million in Reliance Retail Ventures Limited. Capel Ltd. invested $251 million in RMZ Corporation and CPP, while Mitsui Corp. invested $119 million in Abu Dhabi Investment Authority.
