Private investment sees an uptick in Indian real estate sector
Mumbai Metropolitan Region, which was the major focus of investments last fiscal has now been replaced by investments in other regions. The National Capital Region has seen 60% of the investments in the first half of the current fiscal. The report states that the private equity (PE) investment in the first half of the current fiscal was $ 2.8 billion as against $ 2.0 billion in the corresponding period last fiscal. The Indian real estate sector has witnessed a year-on-year increase in private investment, which industry analysts claim is a sign of trust and reflects robust health of the Indian economy. An analysis by Anarock, the real estate advisory firm, has reported a 40 per cent increase in such investments in the first half of the financial year 2022–23 as compared to the same time period in the financial year 2021–22. The report states that the private equity (PE) investment in the first half of the current fiscal was $ 2.8 billion as against $ 2.0 billion in the corres...