Institutional real estate investments in India reached $3.6 billion
Between January and September of this year, total investments in Indian real estate increased by 18% to USD 3.6 billion. The majority of the inflows were driven by the office sector, which accounted for 50% of them. According to the report, institutional investments worth USD 754 million were made in Delhi-NCR during the first nine months of this year. Investments increased by 18% in Bengaluru, from USD 317 million. Chennai had a substantial increase in inflows, going from 98 million to 345 million USD. Institutional real estate investment in the Mumbai market increased by 5% to USD 477 million, however, it decreased by 96% in Pune to USD 9 million. Between January and September of this year, investments in other cities or multi-city surged by 54% to USD 1619 million. With active involvement from domestic institutional and retail investors, the capital in Indian real estate is becoming increasingly diverse. Domestic investors are now more active in the market than they were a yea