Real Estate PE Investments Log 40% Annual Rise in 1H FY23 - ANAROCK Capital
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Mumbai: Investor confidence in Indian real estate is increasing steadily on the back of improvement in the Indian economy despite global headwinds, and the continued robustness of its real estate industry. PE investments registered an increase of 40% in 1H FY23 as compared to 1H FY22, reports ANAROCK Capital’s FLUX - H1 FY23 edition.
Shobhit Agarwal, MD & CEO – ANAROCK Capital, says, “Investment focus by PE investors in 1H & 2H FY22 was markedly strong in MMR. In 1H FY23, it has shifted to other regions. NCR witnessed a strong increase in capital inflows in PE - from USD 181 Mn in 1H FY22 and USD 590 M, in 2H FY22 to USD 942 Mn in 1H FY23. There was a 60% rise in investments in 1H FY23 in NCR compared to 2H FY22 due to JV platform deals like Brookfield + Bharti Enterprises and Bain Capital + TARC.â€
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