Institutional investments in Indian real estate maintain steady momentum at USD5.4 Bn; inching towards pre-pandemic levels
by Priya Jadhav · Foreign inflows led at 67% share; Canada & Singapore contributed to almost four-fifths of the foreign inflows in 2023 · Domestic investments rose 66% YoY in 2023; led by residential and alternatives · Office continued to drive capital inflows with a commanding 56% share in 2023 · Industrial & warehousing saw 2x investments compared to 2022 Gurgaon, 01 January 2024 : Institutional investments in Indian real estate sector maintained a steady momentum at USD5.4 billion, rising 10% YoY during 2023. The year witnessed highest levels of investment inflows since 2020 showcasing India's resilience despite uncertainties in global markets otherwise. While foreign investments retained their dominance, forming 67% of the total inflows for the year, domestic investments also registered an impressive 66% annual increase at USD1.7 billion. Office sector continued to be the largest contributor in real estate investments