Segment-wise break up
- Commercial real estate continued to attract maximum PE investments, totalling close to USD 3 bn funds in the first three quarters of 2019. In the corresponding period of 2018, total inflows within this segment equalled nearly USD 2.1 bn, thus rising by 43% in a year.
- Residential segment, on the other hand, received USD 295 mn funding this year as against USD 210 mn last year, thus seeing nearly 40% yearly gain.
- Retail segment attracted close to USD 260 mn funds since January till September 2019 whereas last year it saw inflows of USD 355 mn, a reduction of 27% in a year.
- Logistics & warehousing witnessed 27% decline in total PE inflows in 2019 and equalled nearly USD 200 mn as against USD 275 mn a year ago.
Cities on a roll
- MMR attracted maximum PE funding in 2019, amounting to approx. USD 1.59 bn. On yearly basis, the region saw total inflows increase by 3% from USD 1.54 bn in first three quarters of 2018.
- Pune, on the other hand, saw total investments of USD 390 mn between January till September period in 2019 against USD 125 mn in same period of 2018, a rise of nearly 213%.
- The IT capital of India – Bangalore - also witnessed nearly 17% yearly gain – from USD 420 mn in 2018 period to nearly USD 490 mn in 2019.
- Interestingly, Hyderabad, which saw more than USD 790 mn PE inflows in the first three quarters of 2018 saw overall PE funding decline by 76% to USD 190 mn in 2019. In entire 2018, the city attracted total funds worth USD 1.1 bn – more of a one-hit wonder.
- Chennai saw investments of nearly USD 230 mn into real estate sector in 2019 against USD 160 mn a year ago – an increase of approx. 44%.
- PE funding in NCR continued to squeeze further in 2019 with investors pumping in merely USD 115 mn in contrast to USD 150 mn in January to September period of 2018.