NEW DELHI : Private equity (PE) investment in real estate is estimated to fall 31% year-on-year during 2020 to $4.6 billion due to an adverse impact of the Covid-19 on economic growth , according to property consultant Savills. In its 'Beyond The’20: Private Equity in India Real Estate', Savills India expects the PE inflow to bounce back and grow by 30% in the next year to $6 billion. "Savills Research anticipates private equity investments in real estate in 2020 to witness a significant contraction of about 30% as compared to 2019 at about $4.6 billion," the report said. During the last one decade, Savills said the real estate investments have followed an overall segmental pattern in the last decade - residential in the early phase, commercial and warehousing in the middle and alternate segments lately. The resultant push in PE investment could lead to $6 billion in 2021," the report said.

Source: Mint December 27, 2020 10:34 UTC