Knight Frank – Trends in private equity investments in India, 1H 2024

In the first half of 2024, the Indian real estate market saw a significant increase in private equity investments, reaching USD 3.0 billion, a 15% rise from the previous year. Despite global economic challenges, such as high interest rates and geopolitical tensions, India's strong economic fundamentals and fast-growing economy have maintained investor confidence. Foreign investors continue to dominate the market, accounting for 76% of investments, but there has been a notable increase in participation from domestic investors since the COVID-19 pandemic. The focus has shifted towards multi-city deals, with warehousing attracting the most investment due to the e-commerce boom. The residential sector is also gaining momentum, driven by strong demand and local investor expertise. This trend reflects a maturing financial landscape in India and signals a promising future for the real estate sector. Domestic investors are increasingly turning to residential real estate as a reliable income-generating asset class.