November 2020 \ Business & Investment \
Indian realty fund flow at USD 4.8 billion

The Indian real estate sector is likely ...

  • Mr Ramesh Nair

The Indian real estate sector is likely to have received institutional funds worth $4.8 billion in 2020, according to a JLL report. During July-September, India’s real estate market attracted $235 million in capital, growing by 52 per cent quarter-on-quarter (QoQ), showed JLL’s ‘Capital Markets Update: Q3 2020’ report. “The India real estate sector is expected to draw $4.8 billion of capital in 2020, representing a 8 per cent decline on 2019’s total transactional volume of $5.3 billion,” it said. According to JLL, investors are most attracted to the country’s office sector, with interest remaining strong throughout the pandemic and the partial relaxation of the lockdown with $200 million invested during Q3 2020.

Concurrently, global investors actively sought asset portfolio opportunities, with two landmark portfolio transactions amounting to a total of $3.6 billion in investment value likely to be concluded in Q4 2020.