The Indian real estate sector received about $5 billion in institutional investment during the first nine months of 2024. Ashish Khandelia, founder, Certus Capital, in a virtual interaction with Prachi Pisal, spoke about the sector's prospects, including the performance of real estate investment trusts (REITs). Edited excerpts:
Indian real estate received about $5 billion in institutional investment in the first nine months of 2024. What investment trends would you like to highlight?
Domestic investors’ participation has significantly increased, while foreign institutional investor participation has remained fairly robust over the last 10-15 years. India is an important destination for many global