Hyderabad: The Realty Sector Hyderabad records a significant leap in institutional investment and topped the charts between the top seven cities, according to the report by the International Real Estate Consultant Company JLL.
The numbers have come at the time of institutional investment in the country’s real estate sector fell 14% to $ 4.3 billion by 2021 of $ 5 billion in 2020.
Hyderabad led the package with a $ 687 million offer of 2020, followed by Mumbai Metropolitan Region with an offer of $ 683 million ($ 267 million), Delhi NCR with $ 548 million ($ 301 million) and Bengaluru with $ 379 million ($ 3720 million) in 2021, according to the `capital market q4 2021 .
With this, Hyderabad contributed 16% of the institutional investment shares made in the realty sector in the country in 2021 (2% of the shares in 2020) together with Mumbai who also registered 16% share (5% in 2020) followed by Delhi NCR with 13 % Stock (6% in 2020).
While Realty Hyderabad also witnessed the highest leap in institutional investment in 2021 vis vis in the previous year, Bengaluru saw the steepest decline with its part fell from 74% in 2020 to only 9% in 2021.
According to JLL, Hyderabad has led an investment scenario with transactions The core stage and development by leading global funds.
“The city is preferred by Marquee office space developers who attract quality tenants at the pre-commitment stage.
Office supply in 2022 has witnessed 25% pre-leasing in certain projects and encourages investment momentum,” he said.
Institutional investment includes investment by the family office, a group of foreign companies, foreign banks, pension funds, private equity players, real estate-cum-developer funds, foreign-funded NBFCs, sovereign assets, among others.
The report showed that 2021 also witnessed the overall leap in the number of agreements in 57 in the country compared to 27 transactions in 2020.
Also, even though investment during this year was spread in various sectors and far more diversified compared to 2020, the office sector contributed to the biggest part From 31% over 2021 with an offer of $ 1,323 million followed by a housing segment with a 25% share of PAI agreement ($ 1,081 million), warehousing with 20% ($ 866 million) and retail with 13% share ($ 560 million).
“One of the main reasons for the decline in investment volume has become intermittent details in the investment process due to the severe impact of the second covid wave during the first half of 2021.
Although the investment climate shows signs of recovery during the Q3 of 2021, the emergence of new variants and uncertainty about the impact disrupt the closing agreement In Q4, 2021, “said Pillai Lata, Managing Director and Head, Capital Markets, India, JLL.