Record investment inflow
NEW DELHI: As far as investment inflows into Indian real estate are concerned, 2017 seems to have set a new milestone. The total investment in the first half of 2017, which stands at more than ₹16,000 crore is the highest ever seen in any year’s first half. It has not only exceeded the first half of 2007 but also the first half of 2016.
Given the scale, 2017 seems set to break all previous investment records.
A slew of reforms unleashed by the government is changing the investment scenario in the country and has made India one of the most attractive emerging markets, from the investment point of view.
So much so that a comparison between the debt and equity investments seen between 2014 and the first half of 2017, which stand at more than ₹ 98,000 crore are higher than the ₹95,000 crore seen during an entire decade spanning from 2003 to 2013.
Big bang policy reforms, economic and political stability, liberalisation of the foreign direct investment policy and the resultant improvement in the investment community’s sentiment are some of the factors working in Indian real estate’s favour. Other factors include GST, RERA, REITs, the Benami Property Act, demonetisation and constant focus on affordable housing that will lead to the sector evolving into a more mature, consolidated and highly transparent industry.
This, in turn, is expected to attract further private equity from abroad.
Total investment in the first half of 2017, which stands at more than ₹16,000 crore is the highest ever seen in any year’s first half