Of the whole PE investments in real estate in Q4 FY21, the workplace section attracted 71% share, adopted by retail at 15% and residential and warehousing with 7% every. By 2040, real estate market will develop to Rs. 65,000 crore (US$ 9.30 billion) from Rs. 12,000 crore (US$ 1.seventy two billion) in 2019. Real estate sector in India is predicted to reach a market measurement of US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13% to the country’s GDP by 2025.
- This acquisition provides some more cache to them but I think this kind of a huge mother model actually does not need these 1% accretive acquisitions.
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