India May Receive $ 2.5 Billion Cross-Border Real Estate Investment In 2022: Report.
Indias cross-border real estate investment projections stood at $ 2.5 billion in 2022, according to a latest Knight Frank report.
Indias cross-border real estate investment projections for 2022 stood at $ 2.5 billion, according to a more recent report by global real estate consultancy Knight Frank.
He also claimed that cross-border real estate investment will hit record levels next year.
Knight Franks Active Capital’s research suggested a resurgence in investment flows in real estate that could reach record levels before the pandemic.
Shishir Baijal, Chairman and Managing Director of Knight Frank India, commented: “A series of structural reforms in the recent past has put the country’s real estate sector on a high trajectory attracting global attention.
The rapidly improving pandemic scenario in the country, along with policy interventions to support real estate The growth of the sector will ensure that global capital finds it attractive to participate in the sector.
The country’s commercial real estate sector has shown strong interest from global investors in segments led by offices and warehouses. ”
The report further mentioned that Delhi (ranked 63rd globally) is the greenest city for real estate in India, followed by Chennai (global ranking of 224), Mumbai (global ranking of 240), Hyderabad (global ranking of 245), Bengaluru (global rank 259) and Pune (global rank 260).
The Knight Franks report has identified London, Shanghai, New York, Paris and Washington DC as the top five green-rated cities in the world for real estate.
Neil Brookes, Knight Frank’s Director of Global Capital Markets, said: “The results of this year’s report are a welcome sign of the continued recovery in global capital markets and a resurgence in global cross-border real estate investment.”
The report also predicted that the US, UK, Germany, France and the Netherlands are the top destinations for cross-border real estate investment in 2022.