[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama Group.|
Here I have important INDIA real estate news to share with you which is as mention under.
nstitutional investments continued the momentum during the first-quarter (Q1) of calendar
2021, registering a 21 per cent growth in volumes at $922 million ($763 million), indicating
sustained investor interest in the domestic real estate market.
According to JLL’s Capital Markets Update for Q1 2021, among the cities Hyderabad saw
investments with 42 per cent share, followed by Mumbai at 21 per cent.
Hyderabad witnessed the highest capital flows of $384 million ($100 million), Mumbai $193
million ($54 million), Delhi NCR $107 million ($171 million), Pune $7 million ($8 million),
Bengaluru - - ($385 million) and Chennai ($35 million).
“Investments during the quarter were driven by more activity from funds and closed
development stage deals and were further supported by external macroeconomic factors.
However, the pandemic surge during the second-half of March 2021 is expected to delay the
investment pipeline in the second quarter,” revealed JLL’s Capital Markets Update.
“The remarkable resilience of the office market and confidence in its long-term growth led
investors to chase quality assets available at the core and development stages. We also see
the maturing listed REIT market providing an alternative to other asset classes, which lacked
income stability,” Samantak Das, Chief Economist and Head of Research & REIS (India), JLL,
Read more at:https://www.thehindubusinessline.com/economy/indian-real-estate-sector-attracts-922-m-investments-in-q1/article34421406.ece
Have a nice day