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Indian real estate sector likely to register USD 4.8 bn institutional flow of funds in 2020: JLL

Indian real estate sector likely to register USD 4.8 bn institutional flow of funds in 2020: JLL

Kolkata, Nov 03 (UNI) India’s real estate market attracted USD 235 mn in capital in the third quarter of 2020 (Q3,2020), growing by 52pc quarter-on-quarter (QOQ), according to JLL’s ‘Capital Markets Update | Q3 2020’ report released today.
The India real estate sector is expected to draw USD 4.8 bn of capital in 2020, representing 8 pc decline on 2019’s total transactional volume of USD 5.3 bn.
According to JLL, investors are most attracted to the country’s office sector, with interest remaining strong throughout the pandemic and the partial relaxation of the lockdown with USD 200 mn invested during Q3 2020.

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