Indian Cities Investment Trends FY20
Bengaluru attracted about 37% of the total of $4.4 billion invested in the country across residential, commercial and office projects. Bengaluru along with Mumbai and Pune cumulatively accounted for nearly 90% of the total investment in real estate sector during the year. Mumbai accounted for the
Published -
Jun 6, 2020 1:43 PM
Bengaluru attracted about 37% of the total of $4.4 billion invested in the country across residential, commercial and office projects. Bengaluru along with Mumbai and Pune cumulatively accounted for nearly 90% of the total investment in real estate sector during the year. Mumbai accounted for the largest share of 42% in the total investment in the country. Overall, nationally, the year 2019-20 witnessed the lowest quantum of investment in five years attributable largely to the tight economic situation during the year and the uncertainty brought forth by the COVID-19 crisis in the year end. The majority of the investment was in commercial real estate, which also includes office and retail segments. The investment in this sector was $1.43 billion during the year. Of the total investment made in Bengaluru, $1.4 billion (about Rs 10,500 crore) was in commercial real estate, which includes oice and retail. While the residential segment witnessed $103 million, others category saw the second-highest investment of $123 million.
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