Institutional investments in Indian real estate saw a 21% decline in the Jul-Sep period, totaling $793.4 million, mainly due to reduced flows in office assets, reported Colliers India. Notably, office asset investments plummeted by 89%, down to $79.1 million from $694.3 million in the same period last year. Conversely, residential property investments rose by 47%, reaching $274.6 million.
Industrial and warehousing assets attracted $340.3 million, a significant increase from $20 million in the previous year. In alternate assets, which include data centers, student housing, and more, there was an inflow of $72.2 million, compared to zero the previous year. Despite the dip, the overall investments in real estate from January to September increased by 27%, totaling $4,558.1 million. Foreign investments constituted 77% of the total institutional inflows.