Foreign and local funds flow in for Indian Real Estate
 
Foreign and local funds flow in for Indian Real Estate-9amstories
Image courtesy: http://accommodationtimes.com

Foreign and local funds flow in for Indian Real Estate

MUMBAI: Indian real estate is witnessing a robust rise in investment inflow, due to the ongoing transformation in business environment, and as foreign and domestic institutional investors is infusing more funds into this sector.

According to the study carried by Knight Frank India, the Indian property market has showed a 40% on-year jump in inflow of funds since the beginning of this year. Institutional investors, such as private equity, pension funds, sovereign funds, domestic investors, and non-banking finance companies have pumped in $3.15 billion in the country’s real estate between January and June end, showed the study.

According to a separate study by JLL India, India has witnessed private equity inflow of Rs 16,008 crore until June this year compared with Rs 15,601 crore a year ago.

Over the past 18 months, the government has initiated a number of admirable policies including the implementation of the Real Estate Regulator Act (RERA), implementation of the Goods and Services Tax (GST), Real Estate Investment Trusts and the demonetisation drive. “The global economy has started recuperating with improving job prospects, decline in unemployment rates and rising rate of inflation in the developed economies.

Investors in these countries are expecting diminishing inflation adjusted returns. With the strengthening of domestic currency they are finding assets in emerging markets (EMs) cheaper from an investment perspective,” said Samantak Das, Chief Economist and National Director, Research, Knight Frank India.

By: Accommodation Times Bureau

Courtesy: http://accommodationtimes.com published on July 21, 2017

 

 


 
 

Follow us

We will send you breaking news right
to your inbox

 
 
 

Get latest news
delivered daily!

Read our latest news on any of these
social networks!

 
 

The Real Impact of Demonetization in India-9amstoriesDemonetisation

Before you pan me as a critic of Demonetisation, please read my last article on Demonetisation (Positive Impact of Demonetisation).

Read More

Money Lessons

I think it’s important to see what we can learn from people who are wealthy because they’re better people

Read More

 
 

Related Articles