Developers and Foreign Funds Invested Heavily in Land Acquisition in Delhi NCR and Mumbai During 2018-2022 - CBRE report

Realtors and FIIs Purchased 60% of Land in Mumbai and NCR Region.

An analysis by property consultancy CBRE reveals that real estate developers and foreign funds invested significantly in land acquisition in Delhi-NCR and Mumbai during 2018-2022, as over 60% of the fund was used in these two cities. 

Delhi-NCR attracts $3.8 billion across 67 transactions to acquire 1,760 acres of land, while Mumbai witnessed 73 transactions to acquire 960 acres for the same sum. 

Bangalore and Hyderabad accounted for 9 percent and seven percent, respectively, of all land acquisition investments.

Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE, stated,

Approximately sixty percent of the land being acquired after January 2021. CBRE reports that the residential market has garnered the most traction, accounting for more than 37 percent of land acquired since 2018.

Developers, sensing a tremendous opportunity, have raised their game by acquiring over 900 acres for residential projects in 2022, accounting for 43 percent of all land acquisitions. 

Industrials & Logistics was another prominent industry that experienced increased activity during the pandemic years (2020 and 2022). 

The sector accounted for roughly a quarter of the total land acquired between 2018 and 2022.

According to the report, total RE sector investments between 2018 and 2022 amounted to $43.3 billion. During this time period, equity investments totaled USD 31.8 billion, while debt investments amounted to $11.5 billion. 

Foreign investors predominantly from North America and Singapore invested over USD 18 billion in equity, accounting for approximately 58% of the total equity investments in India's real estate market.