Institutional investments in Indian real estate dropped 58 per cent in the January-March period to USD 712 million (around Rs Rs 5,454 crore) as inflows were negligible last month because of nationwide lockdown to control coronavirus disease, according to JLL India.
The fund inflow stood at USD 1,704 million (around Rs 13,055 crore) in the year-ago period. The investment in March was USD 28 million.
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