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Warehouses in high demand, realty investments hit 3-year peak at $2.5 billion
The Business Guardian
|July 04, 2024
Investment in Indian real estate has reached unprecedented heights, with $2.5 billion poured into the sector in the second quarter of 2024.
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This marks the highest quarterly investment in three years, driven primarily by the booming industrial and warehousing segments. Major cities like Bangalore and Delhi are seeing substantial investment, particularly in office spaces and residential properties.
The surge in investments during Q2 2024 represents a sharp acceleration compared to the steady start in the first quarter. According to an analysis by Colliers India, a real estate consulting firm, the industrial and warehousing sector has emerged as the hottest property, attracting over half of the total investment this year.
Industrial and Warehousing Lead the Charge
The industrial and warehousing sector has been the biggest driver of this investment boom, securing 61% of the total inflows, amounting to $1.5 billion. This growth is fuelled by India’s expanding e-commerce sector and the government’s focus on boosting domestic manufacturing. High-quality warehouses and logistics facilities are becoming increasingly attractive to investors due to the sector’s rapid expansion.
Denne historien er fra July 04, 2024-utgaven av The Business Guardian.
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