PE investment up 58% in NCR realty in first 3 quarters of FY23: Study

PE funding in Indian real estate up 3% annually, demand for commercial and residential properties continues: ANAROCK Capital

Real estate business in the National Capital Region (NCR) this financial year has got more interest from private equity players than the Mumbai Metropolitan Region (MMR), said a report on Tuesday.

Private equity (PE) players invested $1,215 million in NCR real estate in the first nine months (9M) of Financial Year 2022-23 (FY23) compared to $771 million in the corresponding period last financial year, said ANAROCK Capital’s Flux report. “This was a 58 per cent yearly jump in total PE inflows in the (NCR) region,” it said about a place comprising Delhi and cities around it.

In MMR, total PE