Real estate attracts $8.87 bn institutional investments in 2024: Report

Quick Summary:

Institutional investment in Indian real estate rose 51 per cent to a record USD 8.87 billion during 2024 as investors look to encash strong demand for housing, office and warehousing properties, according to JLL.

In its report released on Wednesday, real estate consultant JLL India has estimated the institutional investment in Indian real estate at USD 8.878 billion in 2024 compared to USD 5.878 billion in the preceding calendar year.

"The year 2024 marks a milestone for India's real estate sector, with institutional investments hitting USD 8.9 billion across 78 deals.

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Category: BusinessFinance

Markets: India

Topics: JLL India Real estate Investment Indian real estate Institutional investments

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 14:02:09 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 431 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 31 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24534333

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