New Delhi:
According to real estate consultancy firm CBRE, India’s real estate sector is expected to attract equity investments of $11.4 billion in 2024, a growth of 54 percent over the previous year. The increase in equity investment, primarily from developers and institutional investors, along with land acquisition, flowed into growth across all asset classes of real estate.

The report said that domestic investment remained primary, accounting for about 70 percent of the total equity investment in the 2024 calendar year. Singapore, the US and Canada together contributed more than 25 per cent of the total equity investment in Indian real estate during the year.

Developers led the capital inflows with around 44 per cent of total equity investments in 2024, followed by institutional players at 36 per cent, corporates at 11 per cent, real estate investment trusts (REITs) at 4 per cent and other categories at around 5 per cent. Took.

Anshuman Magazine, Chairman and CEO – India, South-East Asia, Middle East and Africa, CBRE, said, “We expect to see continued momentum in investment activity, particularly in built-up office assets and residential development sites.

“The increasing focus on e-commerce and quick-commerce will drive strong growth in the logistics and warehousing sector, creating new opportunities for both developers and investors.”

Regarding asset class, equity investments in 2024 were mainly driven by land/development sites, which accounted for 39 per cent of the total.

After this, the share was 32 percent in office sector, 9 percent in retail sector, 8 percent in residential sector, 6 percent in industrial and logistics, 2 percent in hotel and more than 4 percent in other sectors.

CBRE is also bullish on India’s Global Capacity Centers (GCC), which maintained strong leasing at 29.4 million sq ft in 2024.

With a share of 37 per cent in the total leasing activity across the top nine cities of India and recorded a growth of almost 29 per cent year-on-year.

Companies from sectors including Technology, Engineering & Manufacturing and BFSI will drive demand for both traditional and flexible office space in GCC, while demand will also continue to come from niche sectors such as Automobile, Semiconductor and Life Sciences.

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