7-fold rise in institutional investment in Chennai realty

Chennai witnessed a significant surge in institutional real estate investments, reaching $380 million in Q3 2024 from $47 million a year earlier. Accounting for 33% of such investments nationwide in the third quarter, the city's growth mainly stemmed from large deals in office and industrial & warehousing assets.

7-fold rise in institutional investment in Chennai realty
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Chennai witnessed a significant surge in institutional real estate investments, reaching $380 million in Q3 2024 from $47 million a year earlier. Accounting for 33% of such investments nationwide in the third quarter, the city's growth mainly stemmed from large deals in office and industrial & warehousing assets.