The Economic Times-Indian real estate attracts record USD 8.87 bn institutional investments in 2024: JLL India
Institutional investment in Indian real estate rose 51 per cent to a record USD 8.87 billion during 2024 as investors look to encash strong demand for housing, office and warehousing properties, according to JLL. In its report released on Wednesday, real estate consultant JLL India has estimated the institutional investment in Indian real estate at USD 8.878 billion in 2024 compared to USD 5.878 billion in the preceding calendar year.
Foreign institutional investors accounted for 63 per cent of the total institutional investments in Indian real estate.
