Highest ever investment inflow into Indian real estate in 1H2017
India has witnessed the highest-ever investment inflow into the real estate sector during the first-half (H1) of calender 2017.
The total investment in 1H 2017, which stands at more than Rs 16,000 crore, is the highest ever seen in any year’s first-half, said Shobhit Agarwal, Managing Director – Capital Markets & International Director, JLL India.
“It has not only exceeded the 1H 2007 but also 1H 2016. Given the scale, 2017 seems set to break all previous investment records,” he added.
A slew of reforms unleashed by the government is changing the investment scenario in the country and has made India one of the most attractive emerging markets from the investment point of view.
“So much so that a comparison between debt and equity investments seen between 2014 and 1H2017, which stand at more than Rs 98,000 crore, is higher than the Rs 95,000 crore seen during the entire decade from 2003 to 2013,” explained Agarwal.
[“Source-thehindubusinessline”]
