Equity investments in real estate may rise 49% to $11 bn this yr: CII-CBRE

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Equity investments in real estate may rise 49% to $11 bn this yr: CII-CBRE - Business Standard

Quick Summary:

Equity investments in Indian real estate may rise 49 per cent to USD 11 billion this calendar year amid strong demand for properties, according to CII and CBRE.

"Overall equity investments in 2024 in the real estate sector are set to hit a new record surpassing USD 10 billion for the first time," the report said.

Industry body CII and real estate consultant CBRE on Wednesday released a joint report titled 'Leading the Charge: Crafting the Skylines of Tomorrow' at the annual CII Realty 2024 conclave.