India One Of Best Places For Global Realty Investments

Posted By:
Subscribe to GoodReturns
For Quick Alerts
Subscribe Now  
For Quick Alerts
For Daily Alerts

    The global realty investments into India rose by 3 per cent annually in the last two years, and they are likely to see a similar trend in 2017 as well, according to a report by a leading property consultancy.

    Indian cities

    Global investors are optimistic about the country's long-term economic potential, and this will drive the flow of funds into the sector, it said According to Cushman & Wakefield, most of the global real estate investments in India during 2017 would be made in commercial office assets in Bengaluru, Chennai, Hyderabad and Pune. Interestingly, these cities are well-placed to outperform other cities from emerging economies in Asia-Pacific region, said the report by the global real estate services firm.

    Investment in real estate

    "The global real estate investment volumes in India amounted to $4,731 million in 2015 and $4,871 million $in 2016, indicating a 3 per cent annual increase and 2017 is expected to mark a similar investment volume," Cushman & Wakefield senior director (research services) Siddhart Goel said.
    "This is because global investors are optimistic that despite the withdrawal of high-value bank notes resulting in a short-term fall in economics activities, the reduction in its grey economy and recent electoral gains will strengthen Prime Minister (Narendra) Modi's hand to push through reforms to boost long-term economic potential," Goel added.

    India best-emerging market

    Further, the report said the Asia-Pacific region is expected to attract nearly 44 per cent of the total $1.4 trillion global real estate investments with India being one of the best places among the emerging markets in this respect.

    The Asia-Pacific region's (including India) real estate sector is expected to garner investments worth $611 billion of the total 1,394.3 billion in the current year. The region had seen almost similar investment trend in 2016 with global real estate investments amounting to $601.3 billion (43.7 per cent) of $1,373.7 billion. "Outsourcing will continue to push demand in the leading tech hubs while co-working will add to demand in gateway cities," the report said.

    North America

    "Some of the leading emerging market opportunities will be found in Asia, particularly if economic conditions stabilize and reforms continue. The region, overall, is in a stronger position than in past cycles with economic resilience up," it added. Asia-Pacific would be followed by North America which may attract global real estate investments worth $470.8 billion and the Europe, the Middle East and Africa (EMEA) with $307.3 billion investment volume. Latin America is likely to garner investment amounting to $5.01 billion in the realty sector in the current year, the report added. 

    Read more about: investments real estate
    Story first published: Friday, April 28, 2017, 14:50 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more