moneycontrol.com-QIP issuances by real estate developers hit Rs 12,801 crore in Jan-Sept 2024, second highest after renewable energy
The real estate sector has emerged as the second highest in Qualified Institutional Placements (QIP) after renewable energy in India, with developers raising around Rs 12,801 crore in the first nine months of 2024.
Anuj Puri, Chairman, ANAROCK Group, said that an analysis of the available data trends of listed developers on the National Stock Exchange (NSE) shows that by the third quarter of the calendar year 2024, the real estate sector had over 17 percent share of QIP issuance across sectors, or Rs 12,801 crore of the total Rs 75,923 crore raised.
