Foreign funds shy away from real estate; investment falls 55% in Jan-March: Vestian
Financial Express Mumbai|April 14, 2024
INSTITUTIONAL INVESTMENTS IN real estate declined 55% annually in JanuaryMarch this year to $552 million as cautious foreign investors stayed away, pumping in only $11 million, according to Vestian.
Foreign funds shy away from real estate; investment falls 55% in Jan-March: Vestian

The real estate sector had attracted $1,238.3 million ($1.23 billion) in the January-March period of 2023 calendar year, as per the report, which was released on Saturday.

The latest data by global property consultant Vestian showed that the institutional inflow from foreign funds in the country's real estate plunged 99% to just $11 million in the first quarter of 2024 from $791.4 million in the year-ago period.

Domestic investors pumped in $541.1 million in the Indian real estate in January-March 2025, up 21% from $446.9 million in the year-ago period.

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