According to the data of the analytical company CBRE, the inflow of capital into real estate in India in the first half of 2022 increased by 42% compared to the second half of 2021 and by 4% compared to the same period last year.
Delhi (National Capital Region), Chennai and Mumbai were the leaders in the total volume of investments. In the second quarter of 2022, their share totaled 90%.
Most of the total volume of 67% was brought by foreign investors, among whom the leading role was played by Canadian citizens.
The report recorded the predominance of the office sector with a share of 57%, followed by land and building plots (30%) and the retail sector (10%).
Analysts have suggested that amid the boom in the residential sector and the revival in other sectors, interest in PropTech startups (innovative technologies in real estate) will increase in the near future.
According to analysts' forecast, real estate investments will continue to grow until the end of 2022.
Source: The Economic Times
