India’s real estate has become a hotspot for foreign investors, says a report by Colliers, a company that does investment management. In the last five years, India has seen a massive $23.3 billion (that’s around Rs 193,000 crore) pouring in from foreign investors, making it a top growth market in the Asia Pacific (APAC) region.
The report shows that between 2018 and September 2023, different parts of the real estate sector saw big foreign investments. The office space market took the lead with $11.4 billion, followed by residential properties at $2.6 billion. Mixed-use properties, industrial and warehousing spaces, and alternative assets like data centers, life sciences, and more also got significant investments.
Around 60 percent of investors in the APAC region think the real estate market will grow stronger due to good economic growth. The USA, Canada, and other countries in the APAC region have been leading the investments in India.
Piyush Gupta, who works at Colliers India, said, “India’s growing economy is attracting investors to various sectors like offices, logistics, homes, and more. Investors are confident about India’s growth potential.”
Even though global tensions might affect investments worldwide, India is seen as a strong and growing market. In 2023, investments into India have gone up by 27 percent compared to the previous year. Investors see India’s real estate market as stable, offering good returns and attractive prices. They think it’s a great place to invest because it’s growing steadily and providing good profits.