Investments in Indian real estate touched USD1.1 bn during Q1 2022

Institutional investments in Indian real estate touched USD1.1 billion during Q1 2022, doubling from the same period last year. The opening up of the economy post the third wave of Covid -19 infections, and an improvement in investors’ sentiment has led to surging investments, compared to the prior quarter. The investment activity during the quarter was driven by some large-sized deals in the office sector and foreign investors, that accounted for about 70 percent of the inflows during the quarter.