New Delhi, Oct 4 (PTI) With the ongoing boom in the real estate sector in India, foreign funds and institutions are ready with 30 billion dollar to invest in the country.
"Till date, foreign funds and institutions have raised approximately 30 billion dollar to be invested in Indian real estate with an estimate of three billion dollar have been committed," Cushman & Wakefield said in its latest report 'India Gaining Momentum Indian real estate investment dynamics'.
The Indian real estate environment is poised at the most dynamic stage of its evolution, redefined by the growing investors confidence in the market, it added.
According to the report, investments in the market have spread evenly over three broad investment vehicles.
While majority of the investment still remained either at the portfolio or special purpose vehicle (SPV) level partnership, at 40 per cent and 36 per cent respectively, the number of entity level partnerships formed 26 per cent of the total investment in the sector.
"Majority of the transactions until last year were structured at an SPV level, as most investors were evaluating the markets," Cushman & Wakefield India Deputy Managing Director Anurag Mathur said in a statement.
He, however, noted that over the past few months, the private equity market has evolved drastically with many more examples of portfolio level as well as entity level participation from both national and international investors.
The report observed that this healthy mix could be attributed to the growing confidence of investors in the industry as investing in a portfolio of properties or at an entity level essentially diversifies the risk for the investor. PTI
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