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Institutional investments fuel growth in Delhi-NCR property market
The Business Guardian
|July 15, 2023
According to a report by Colliers India, institutional investments in Delhi-NCR’s real estate market reached USD 1.07 billion during the first half of this year, marking a significant increase of 58 percent compared to the same period last year.
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The report also revealed that institutional investment inflows into the Indian real estate sector as a whole rose by 43 percent year-on-year, reaching USD 3.7 billion in the first six months of 2023.
Delving into city-wise data, the report highlighted the substantial growth in institutional investments in Delhi-NCR’s real estate market, which increased from USD 681.5 million in the year-ago period to USD 1,079.1 million during January-June of this year, representing a 58 percent surge. Bengaluru’s real estate market experienced a significant jump in institutional investments, rising from USD 24.3 million in the year-ago period to USD 196.6 million during the same period this year.
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