Real Estate Sector Giving Good Return To Investors In Share Market
After the impact of Corona, there was a big investment in the property market for offices.
New Delhi. When the situation improved after the Corona crisis in March 2020, there was a boom in the real estate sector. There was massive construction of houses across the country and this sector became the choice of investors. After the second wave, there is a possibility of a boom in this sector again. This is the reason why institutional investors are investing heavily in rear estate.
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According to a JLL India report, institutional investors saw a nine-fold jump in investments in the April-June quarter. In the June quarter, he invested $ 1.35 billion, while in the June quarter of 2020 he had invested only $ 1.357 million.
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$2.7 billion in the first half
Radha Dhir, head of JLL India, said investments of $2.7 billion came in the first half of 2021, which is 53 percent of the investment in 2020. He said that investors are adapting themselves according to the situation.
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Largest investment in warehousing
Institutional investors invested $1.35 billion in real estate in the second quarter of 2021, up from just $155 million in the previous year. The maximum investment of $ 743 million has been made in the storage sector.
There was also a boom in the retail real estate sector
Investment in retail fixed assets stood at $278 million. There was no investment in this sector last year. After the impact of Corona, there was a big investment in the property market for offices. It saw an investment of $231 million during the second quarter of the current year, up from $66 million in the same quarter last year.
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