According to a report from Chicago-based Cushman & Wakefield, India’s real estate sector is expected to record inflow of newly-raised capital amounting to $4.2 billion, including debt and equity in 2017. Global investments are finding routes to India with a long-term horizon on account of strong economic growth and sentiments of the country adds the report.
Investors are acquiring assets in anticipation of the introduction of Real Estate Investment Trusts by the government, and investments in the country’s office sector is expected to more than double this year, reports the Economic Times.
“India’s attractiveness as a global investment destination has strengthened on account of the country’s political will to attract and protect investment growths. India’s inclusion in the top investment destination is a testament of this confidence. The country saw its best year in 2016 with private equity investments the highest in 9 years,” said Anshul Jain, managing director, India, Cushman & Wakefield. “Globally too funds are revising their strategies to concentrate on specific growth circles. India’s office space provides great promise in this direction. Further, the core office markets in India provide stronger rental returns as well as easier exit options as against other sectors.”
