India Market Monitor Q1 2024 – Investments

India's economy continues to grow at the fastest pace among all major economies. Inflation has come down for almost all major goods and services except for food items. Private consumption is expected to pick up as inflation eases in the coming months. Further decline in the Consumer Price Index (CPI) would strengthen the Reserve Bank of India’s (RBI) confidence to initiate a measured easing of key policy rates and reserve ratios. The government's fiscal consolidation roadmap, coupled with the central bank's cautious monetary policy, has established a strong footing for continued economic expansion.

With this backdrop, here is a review of the key capital markets trends witnessed in Q1 2024:

-        Investments: Investment activity witnessed an uptick in Q1 2024; sustained capital inflows are expected during the year from both traditional real estate segments and emerging sectors. However, caution still prevails amongst investors which may lead to some lag in deal closures.

To delve deeper into our analysis of the real estate investment landscape in India, please click on the download button.