ANIEquity capital inflows touched USD 8.9 billion between January and September, registering a 46% Y-o-Y growth. The strong momentum in deal volume also continued, with about 200 deals reported during this period, compared to 151 deals in the same period last year.
Developer companies led the total capital inflows with more than 41% share in this period. Domestic investors (predominantly developers) invested nearly USD 6 billion during the first nine months of the calendar year, dominating the overall capital inflows with an almost 65% share.
"With SEBI's SM REIT framework, smaller but high-quality assets in tier-II markets will also present new avenues for strategic capital deployment. We believe this regulatory support will add much-needed transparency, enabling a more diversified investment base and encouraging institutional participation across these markets,” said Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE.
In comparison, foreign investors contributed about USD 3.1 billion during the same timeframe. North American and Singaporean investors were the significant contributors, representing approximately 85% of all foreign capital inflows.
Finance
A2Z Of Finance: Finance Beginner Course
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
Marketing
Digital Marketing Masterclass by Neil Patel
Web Development
Django & PostgreSQL Mastery: Build Professional Web Applications
Web Development
Intermediate Java Mastery: Method, Collections, and Beyond
Artificial Intelligence(AI)
AI and Analytics based Business Strategy
Marketing
Marketing & Sales Strategies for Startups: From Concept to Conversion
Marketing
Digital marketing - Wordpress Website Development
Finance
Startup Fundraising: Essential Tactics for Securing Capital
Marketing
Future of Marketing & Branding Masterclass
Office Productivity
Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis
Office Productivity
Excel Essentials to Expert: Your Complete Guide
Office Productivity
Advanced Excel Course - Financial Calculations & Excel Made Easy
Marketing
Performance Marketing for eCommerce Brands
Web Development
Intermediate C++ Skills: Master Pointers, Structures and File Stream
Marketing
Modern Marketing Masterclass by Seth Godin
Strategy
ESG and Business Sustainability Strategy
Artificial Intelligence(AI)
AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills
“The rapid growth of India’s commercial real estate sector, with flex workspaces at the forefront with 21% of gross leasing activity in Q2 2024, highlights the shift in workplace dynamics. At the heart of this transformation is a green-first approach, emphasizing collaboration with occupiers and enterprises to promote sustainability, reduce waste, and prioritize growth in Tier 2 markets for inclusive development,” said Sanjay Choudhary, founder and CEO, Incuspaze.
The average deal size also increased to nearly USD 45 million in the first nine months of 2024 from about USD 36 million in 2023. Nearly 64% of the capital inflows in the land/development sites went into residential developments, and the rest were allocated to mixed-use developments, warehousing projects, and the development of retail, data centre, and hospital projects.
Delhi-NCR witnessed the highest share of 26% in capital inflows (amounting to USD 2.3 billion). Equity capital inflows into tier-II and III cities also reached nearly USD .6 billion, with Ludhiana, Mohali, Tuticorin, Hubli, Coimbatore, and Indore collectively accounting for 76% of these inflows.
(Catch all the Business News, Breaking News, Budget 2024 Events and Latest News Updates on The Economic Times.)
Subscribe to The Economic Times Prime and read the ET ePaper online.
Read More News on
(Catch all the Business News, Breaking News, Budget 2024 Events and Latest News Updates on The Economic Times.)
Subscribe to The Economic Times Prime and read the ET ePaper online.
Get Unlimited Access to The Economic Times
