Indian realty sector sees 69% fall in deal value to USD 705 mn in Jul-Sep: Grant Thornton Bharat
Reported by Economic Times Industry, not nibnow. We are not the publisher of this story, only the source is.
The sharp 69% drop in deal value signals a slowdown in investment activity in India's real estate market, which could affect construction jobs and related industries.
Indian real estate recorded USD 705 million in deals in the July-September quarter. This marks a significant 69 percent decrease from the previous quarter's USD 2.3 billion. Deal volumes also fell by 38 percent quarter-on-quarter, indicating a cautious investment climate. Private equity remained a key contributor with nine transactions valued at USD 555 million.
Real estate deals involve buying, selling, or financing property projects; private equity firms often fund large transactions and their activity is a barometer of investor confidence in the sector.
- •Release of real estate transaction data for the next quarter
- •Any announced government policy or regulatory changes affecting real estate investment
- •Trends in private‑equity funding for Indian property deals