Covid-19 impact: Institutional investments in realty fall 58% in March qtr

Total investments in FY 2019-20 have been the lowest in four years, down by 13% to $4.26 billion over previous year levels of $ 4.78 billion

Institutional investment in Indian real estate was down 58 per cent in the January–March 2020 period, which is one of the highest declines in recent years, said a study.

The decline was influenced by several events, including the Covid-19 outbreak and several high-profile issues in the domestic banking and finance sector in late 2019 and early 2020. 

Total investments in FY 2019-20 have been the lowest in four years, declining by 13 per cent to  $4.26 billion from previous year levels of $4.78 billion, according to the ‘India Capital Markets Update – real estate perspective Q1-2020’ released today by property