Indian real estate sees $11.4 billion equity investments in 2024, with Singapore, US, and Canada leading foreign inflows.

Indian real estate recorded equity investments of $11.4 billion in 2024, marking a 54 per cent year-on-year (y-o-y) growth, according to a report by CBRE.

Singapore, the US, and Canada emerged as the dominant contributors to foreign equity inflows, collectively accounting for more than 25 per cent of the total investments in the sector. Singapore led the pack with a 36 per cent share of total foreign equity investments in 2024, followed by the United States at 29 per cent and Canada at 22 per cent.

Notably, investments from the UAE also saw an increase compared to the previous year, reflecting a growing interest in India’s real estate market from the Middle East.

The surge in investment inflows was driven by increased capital deployment across built-up assets and sustained momentum in the acquisition of land and development sites. Developers accounted for the largest share of equity investments at 44 per cent, followed by institutional players at 36 per cent, corporations at 11 per cent, REITs at 4 per cent, and other categories comprising the remaining 5 per cent.

Explaining future trends,Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE said, “There will be sustained momentum in investment activity, particularly in built-up office assets and residential development sites. The increasing focus on e-commerce and quick commerce is set to drive robust growth in the logistics and warehousing sector, creating new opportunities for both developers and investors.”