Indian Economy News

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

  • IBEF
  • September 20, 2024

India has emerged as a top destination for foreign investment in land and development projects, ranking third globally in 2024, according to a report by Colliers. A huge portion of this foreign investment, approximately 70%, is directed towards India’s industrial and warehousing sectors, driven by the growing demand from logistics companies and manufacturers expanding in key industrial zones. Managing Director of Capital Markets & Investment Services at Colliers India, Mr. Piyush Gupta, noted that investor interest is bolstered by rising demand from third-party logistics (3PL) and e-commerce players and strengthened manufacturing capabilities across major industrial corridors.

The Asia Pacific region is home to 4 of the top ten global cross-border capital sources for land and development in 2024, including Singapore, Hong Kong, Japan, and China. Japan and China stand out as significant global destinations for standing assets. At the same time, Australia joins the top ten list of capital destinations. According to Colliers' Global Capital Flows Report for the first half of 2024, China leads with US$ 36.48 billion in cross-border capital, followed by Singapore with US$ 1.93 billion, and India with US$ 1.49 billion. India’s share of global capital has risen to 3.1%, reflecting its growing appeal. Institutional investor interest in Indian real estate remains strong, with US$ 3.5 billion in inflows during the first half of 2024. Colliers anticipates continued robust investment driven by domestic demand, GDP growth, and easing monetary policy, with increasing interest from the broader APAC region.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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