Realty sector gets Rs.24,011 cr. investment in H1: Report

Date posted: Friday 10 August 2018

The real estate sector received an investment of around Rs.24,011 cr. in the first half of 2018 due to rise in buyers’ confidence on Rera implementation and improving capital values. IT parks and commercial real estate got the biggest investment share of USD 2,000 million or around Rs.13,151 cr., followed by retail real estate at around USD 300 million or Rs.1,898 cr. The year 2017 witnessed some large deals between institutional investors and Indian companies, with private equity investments in real estate touching USD 44 billion.

(Economic Times)

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