LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Investment in realty sector rises 7 pct in Jan-Mar to Rs 17,682 cr: Report

Indian real estate sector attracted investment of Rs 17,682 crore in the January-March period, highest quarterly funding since 2008, on strong inflows from foreign investors in commercial assets, according to property consultant Cushman & Wakefield.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Investment in realty sector rises 7 pct in Jan-Mar to Rs 17,682 cr: Report
Investment flow in retail real estate jumped to Rs 1,000 crore from Rs 250 crore, and that of in mixed-use projects to Rs 350 crore from Rs 110 crore. Pixabay
Written By: PTI
Updated: Thu, May 02, 2019
03:07 pm
New Delhi, PTI
RELATED NEWS
This is the best time to buy a house, LIC Housing Finance MD and CEO Siddhartha Mohanty tells Anil Singhvi This is the best time to buy a house, LIC Housing Finance MD and CEO Siddhartha Mohanty tells Anil Singhvi
Buyers waiting for price correction, discounts to buy homes Buyers waiting for price correction, discounts to buy homes
Window for stalled housing projects to open in 2 months: DEA Window for stalled housing projects to open in 2 months: DEA
Hong Kong's Risland enters Indian realty market Hong Kong's Risland enters Indian realty market
Singapore first-quarter home prices fall most since 2016, luxury hardest hit Singapore first-quarter home prices fall most since 2016, luxury hardest hit

Indian real estate sector attracted investment of Rs 17,682 crore in the January-March period, highest quarterly funding since 2008, on strong inflows from foreign investors in commercial assets, according to property consultant Cushman & Wakefield. The investment was up by 7 per cent from Rs 16,528 crore in the corresponding period last year. Foreign funds investment in Indian real estate rose 81 per cent to Rs 11,338 crore in the first quarter of 2019 calendar year from Rs 6,260 crore in the year-ago period, the data showed. "Higher participation of foreign investors this quarter is a signal towards sustained interest in the country's real estate story backed by increasing transparency and friendly investment policies," Cushman & Wakefield (C&W) India Country Head & Managing Director Anshul Jain said in a statement.

Office and retail segments continued to attract high investment, he said, adding that warehousing/logistics segment was also providing opportunities for investors. "The first successful REIT (real estate investment trust) listing has opened another avenue for investors to participate in the momentum visible in office markets while also reinforcing the attractiveness of Indian realty," Jain said. Asset-wise, C&W said the housing segment got 57 per cent less investment during the January-March quarter of 2019 at Rs 3,697 crore from Rs 8,518 crore in the year-ago period.

The funding inflow in residential sector got affected owing to liquidity issues of NBFCs which have been a major source of refinancing and lending to this asset class in last 4-5 years, the consultant said.Investment in office properties rose to Rs 7,925 crore from Rs 6,100 crore during the period under review. Hospitality segment got Rs 3,950 crore in the first quarter of 2019, an over three-fold jump from the year-ago period at Rs 1,200 crore.

Investment flow in retail real estate jumped to Rs 1,000 crore from Rs 250 crore, and that of in mixed-use projects to Rs 350 crore from Rs 110 crore. Industrial segment (warehousing and logistics) received Rs 760 crore as against Rs 350 crore during the review period.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Realty sectorIndian real estate
RELATED NEWS
This is the best time to buy a house, LIC Housing Finance MD and CEO Siddhartha Mohanty tells Anil Singhvi This is the best time to buy a house, LIC Housing Finance MD and CEO Siddhartha Mohanty tells Anil Singhvi
Buyers waiting for price correction, discounts to buy homes Buyers waiting for price correction, discounts to buy homes
Window for stalled housing projects to open in 2 months: DEA Window for stalled housing projects to open in 2 months: DEA
Hong Kong's Risland enters Indian realty market Hong Kong's Risland enters Indian realty market
Singapore first-quarter home prices fall most since 2016, luxury hardest hit Singapore first-quarter home prices fall most since 2016, luxury hardest hit

LATEST NEWS

Stocks in Focus - ACC, Bajaj Consumer, ICICI Prudential, Crisil, Alok Industries - Q4 results to be announced on Monday; stocks likely to remain in focus

In chat with Anil Singhvi, analyst Vikas Sethi recommends Hikal, Biocon as top buys for big gains

Kisan Vikas Patra scheme offers 6.9 pct interest; Which other schemes are offering HIGHER INTERESTS - Know here

IndianOil Alert – Your Opportunity to earn WHOPPING Rs 2 Cr – Know terms and conditions; Do this and Win BIG

Routine Immunization during COVID-19: Debunking myths and what parents need to know

Facebook privacy breach - Lesson for Organisations to learn from this

Gold Price Today 18-04-2021 – Be prepared to pay more for Gold, Silver; not just coronavirus, bullion prices may jump because of THIS reason

This Google feature called 'Trash Bin' to deleting files on Android 12

Medical Oxygen Supply – Centre takes this step to meet demand as cases rise to over 2.6 lakhs

Flavoured milk taxable at 12% under GST: AAR rules in Amul dairy case

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved