Saturday , November 23 2024

Foreign funds invested only 11 lakh dollars in realty in January-March


According to the report of a research institute, foreign institutional investors have invested only 1.1 million dollars in the period from January to March 2024, due to which foreign investment in this sector has declined by 55 percent year-on-year to Rs 55.20 crore. . , Foreign investors are cautious and there has been such a huge decline in investment away from the realty sector.

A look at the investment figures in the real estate sector

Total investment of $1.23 billion came in January-March 2023? Out of this investment, foreign institutional investors invested 791.4 million dollars? In January-March 2024, local institutions invested $54.11 billion, which is 21 percent more than last year's investment. 44.69 billion dollars? Investment in commercial property came to $23.16 billion in January-March 2024, which was $48.48 billion last year? Investment in residential projects fell by 33 percent to $22.50 billion during the same period? Investments in the industrial and warehousing sector fell 73 percent to $5.89 billion from $21.58 a year ago.