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India 3rd favourite spot for global real estate investments: Report

Business Standard LogoBusiness Standard1w ago

India 3rd favourite spot for global real estate investments: Report - Business Standard

Quick Summary:

About 77% of the total global capital targeting such assets went to China in the second quarter of 2024, which is close to its five-year average of 79.8%.

Only a small portion is regional.The UK took 2.8% of the total Q2 2024 capital, higher than its five-year average of 2%.Germany saw $1.23 billion in cross-border investment.

The report highlights that 70% of these investments were focused on ready assets, although India’s fast-paced infrastructure development will likely present further opportunities in developmental assets in the future.“Backed by robust domestic demand, healthy GDP growth, and the likely easing of monetary policy in the coming quarters, investments in the Indian real estate sector will remain steady," said Vimal Nadar, Senior Director and Head of Research at Colliers India.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-19 @ 14:57:37 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 963 words

Reading Time: 6 minutes read

Sentences: 34 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22590906

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 118 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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