Realty PE investment up 40% to ₹3,840 cr: Report
Private equity (PE) investment in India in the real estate sector rose by 40% year-on-year in the quarter ended March to ₹3,840 crore, according to a report by US-based property consultant Cushman & Wakefield. The investment rise was attributed to developers raising funds to meet construction costs and refinance loans. Notably, Mumbai accounted for over 44% of the investments. \n