Mumbai and Delhi have secured positions in the top-10 list of Asia-Pacific (APAC) cities suitable for cross-border investments in the real estate sector. Mumbai ranked 5th, while Delhi stood at 8th. These details were revealed by the CBRE. Tokyo topped the list, followed by Sydney, Singapore, and Ho Chi Minh City in the 2nd to 4th positions. Seoul, Osaka, and Hanoi also shared the 8th position with Delhi.
In India, net purchase intentions have reached 3%. Developers, owners/operators, real estate funds, and institutional investors have shown strong purchase intentions. The CBRE report mentioned that investor sentiment in India remains focused on office, residential, industrial, and data centre sectors.
In 2024, India recorded strong inflows of foreign equity investments. Countries like Singapore, the United States, and Canada dominate foreign equity investments. These three countries collectively held over 25% of the total equity investments in the country’s real estate sector in 2024. Singapore accounted for nearly 36% of the total foreign equity investments, followed by the United States with 29% and Canada with 22%.
Compared to 2023, investments from the UAE also saw a significant increase in 2024. Total equity investment in Indian real estate reached an all-time high of $11.4 billion in 2024, which is a 54% increase on an annual basis.
“Investment in India’s real estate market reached a record high in 2024. While domestic investors still dominate, foreign equity investments and the presence of foreign investors demonstrate India’s growing importance as a global real estate destination,” said Anshuman Magazine, Chairman and CEO of CBRE.