The total FDI flow in India in the fourth quarter of FY14 declined by 45 per cent at $3.96 billion against the previous quarter, according to a report on real estate market and private equity Investments in it from Capri Global Capital.
The FDI equity inflows in India's realty sector in the fourth quarter of FY14 declined by 45 per cent at $ 3.96 billion against the previous quarter, according to a report on real estate market and private equity Investments in it from Capri Global Capital.
However real estate dominated the private equity landscape in 2013, accounting for 12.70 per cent of deals (value) concluded in 2013 as per the report.
The report also highlighted that the number of investments in the real estate sector concluded in Q4 of FY14 increased to 19 against 8 in the previous quarter.
"Large private equity funds preferred the joint development model for investments in real estate. Post elections higher interest is expected in Grade A office spaces, primarily on the back of renewed sentiment and regulatory reforms such as REITs," the report added.
Correction
An earlier version of this news report said FDI flows into India's realty sector declined to $3.96 billion in the fourth quarter. The figure pertains to the total FDI flows in the fourth quarter. The error is regretted.