According to a research released on Thursday, the Indian real estate market saw 22 agreements valued at $1.8 billion during the April–June quarter (Q2) of FY25. This increase in both volume and value indicates a significant infusion of capital into the market.
The quarter was marked by the prominence of technological integration, private equity influence, residential development activity, and commercial development.
According to the analysis by Grant Thornton Bharat, commercial development accounted for an astonishing 75% of the values and 37% of the volumes of deals overall.
According to Shabala Shinde, Partner and Real Estate Leader, “the first half of 2024 has already reached close to the total deal value of 2023 and has seen a marked increase in private equity investments and high-value transactions, reflecting renewed investor confidence and robust economic recovery.”
With 600 million people expected to live in cities by 2031, Shinde continued, India’s real estate business has a bright future thanks to technological and sustainable developments.
Seven deals totaling $123 million were completed in the mergers and acquisitions (M&A) sector, representing a 133% rise in volumes and a staggering 248 percent increase in values over the previous quarter.
The report stated that there was a 33% increase in volume and a 757 percent gain in value in the private equity (PE) sector, with 12 deals valued at $1.4 billion.
Compared to no IPO activity in the first quarter of 2024, there were two IPOs with a total issue size of $88 million.
