Private equity investment in real estate up 15% in Jan-March to Rs 16,530 crore
Updated : April 30, 2018 01:32 PM IST
PE investment in real estate stood at Rs 14,340 crore in the year-ago period.
The housing sector gained prominence in inflows with the highest ever inflows in 10 quarters, as investors look to gain from government incentives in affordable housing.
PE inflows into the residential sector more than doubled to Rs 8,518 crore (USD 1.32 billion), backed by a large platform transaction between Housing Development Financial Corporation (HDFC) and Abu Dhabi Investment Authority (ADIA).
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