In 2013 Investment in realty sector dips 65% at $1.2 bn
Cushman & Wakefield, global property consultant, said, the country was able to retain 10th rank in Asia Pacific despite the investment in the real estate fell by 65% to $1.2 billion during 2013. Investment in real estate sector in India stood at $3.4 billion during 2012. “In the real estate sector India has received a total estimated investment of $1.2 billion making it the 10th most invested location in APAC region,” C&W said in a statement.
C&W said in the real estate sector the APAC region received a record $487 billion of investment. China (core & emerging) recorded the highest volume of investments of $358 billion, followed by Japan (3rd rank) that recorded investments worth $44.6 billion in 2013, of the nations surveyed for investments.
Source: Financial Express
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