Private equity investment in Indian real estate plunged 85 per cent during January-August period of this year at USD 866 million (around Rs 6,500 crore) as investors remained cautious due to the COVID-19 pandemic, according to Colliers International and FICCI report.The private equity (PE) inflow stood at USD 5,795 million in the corresponding period of the previous year.Data centres segment attracted maximum investment so far this year at 46 per cent of the total inflows.Office segment accounted for 24 per cent of the total PE investment at USD 207 million (around Rs 1,500 crore) till August of this calendar year. Industrial and warehousing share stood at 12 per cent, hospitality 9 per cent, housing 8 per cent and co-living one per cent. “Investors, both foreign and domestic, are adopting a cautious approach to Indian real estate in the backdrop of the ongoing pandemic,” said the report ‘Future India: Captivating Strategic and Private Equity Investments’.

(Business Standard)