India Ranks 20th On World's Top Realty Investment Markets

India Ranks 20th On World's Top Realty Investment Markets

By SiliconIndia   |   Monday, March 25, 2013
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Bangalore: The vibrant nature of India’s real estate market has managed to survive even during sluggish market situation. Even though the country is witnessing slowdown in property transactions, there is no such decline in property prices in ultra-luxury segment.

Adding to it, India stood at 20th position on the list of world’s top 20 real estate investment markets. With the estimated investment of around $3466 million last year, India has managed to come on the global list, according to Cushman & Wakefield in its latest report International Investment Atlas, reports Economic Times.

In India the major share of investment were contributed through institutional sales of 67 percent, while remaining of the investment was contributed through private equity investments of around 33 percent, said the report. However, the real estate market of the country has seen institutional sales of rs12,800 crore which is excluding apartments and includes commercial development sites and office segment.

Although investments in institutional sales have witnessed a drop of 37 percent in 2012, private equity in real estate (PERE) investments have seen an increase of 7 percent last year and was recorded rs6200 crore.

"Investment in ready income generating/ operational office assets have gained strength over the last few years due to lower risk and steady cash flows associated with this type of investment. With increase in number of high value transactions in this sector, the market is moving towards a mature phase,” said Sanjay Dutt, Executive Managing Director, South Asia, Cushman & Wakefield, reports Economic Times.

Global property investment market has estimated an increase of 6 percent in the real estate segment during 2012 with volumes reaching $929 billion. China managed to remain the largest investment market globally because of flourishing land sales witnessed in late 2012 followed by U.S. and UK.

“In what was a difficult year in most markets, investment volumes rallied in Q4 signaling the beginning of real momentum and a return of confidence in the market which could see volumes this year increase 14 percent to exceed $1 trillion for the first time since 2007," mentioned the report.

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