Indian Real Estate: A $80 Billion Foreign Investment Magnet
The Indian real estate sector has attracted nearly USD 80 billion in institutional investments over the last 15 years, with a significant portion, 57%, coming from foreign investors. The sector is projected to grow to USD 5-10 trillion by 2047, driven by both domestic and international interests.
- Country:
- Singapore
In a significant development, the Indian real estate sector has garnered institutional investments close to USD 80 billion over the past 15 years, according to a report by CREDAI and Colliers. Notably, 57% of these investments have come from foreign entities, underlining the global appeal of India's property market.
Released in a joint report titled 'Indian real estate: Fostering equity and fuelling economic growth', CREDAI and Colliers highlighted the burgeoning role of both foreign and domestic investors post-COVID. The report projects that the Indian real estate market could expand to USD 5-10 trillion by 2047.
Shekhar Patel, President of CREDAI, emphasized the transformative potential of the sector, pointing to its role in shaping India's urban future through climate-resilient cities and innovative housing solutions. City infrastructure, office space, and residential demands are all expected to significantly contribute to this growth trajectory.
(With inputs from agencies.)
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