PE investment in Indian real estate stands at $322 million in Q3 2022
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- 18 Oct 2022
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Private equity investment inflows into the Indian real estate sector stood at USD 322 million (Rs 26 billion) according to the latest report by Savills India, a global property consulting firm.
As many deals are taking longer timelines, Q4 2022 and Q1 2023 should see large announcements on the deals under closure.
Investors are cautiously observing the intensifying inflationary pressures that are threatening the nascent economic recovery across the world. The global economy is experiencing an overall slowdown owing to the impact of the Russia-Ukraine war, tightening monetary conditions globally and lingering effects of the pandemic.
“Asset classes such as office, life sciences, data centres, and industrial are witnessing consistent interest and investment inflows. Allocations to the residential sector are also showing green shoots on the back of strong demand and sales. ESG compliance and social impact projects are being preferred by global investors and LPs. In the short term, there will be an impact of interest rates movement, rupee/dollar position, etc,” said Diwakar Rana, Managing Director, Capital Markets, Savills India. Read More...
