Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
PE investment in real estate increases to $2.2 bn in Jul-Sep: Savills India
Update / Judgement Date
08 Oct 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Private equity investment in Indian real estate increased to $2.2 billion in the July-September 2024 quarter, according to Savills India. This marks a significant rise from previous quarters, driven by strong demand for commercial office spaces and residential projects. The report highlights that 51% of the investments were directed towards office assets, while the residential sector attracted 47% of the total inflows. The data also indicates a growing interest from Asian investors, who contributed 78% of the quarterly investments. This trend underscores the resilience of the Indian real estate market amid global economic uncertainties.