India's investment into commercial real estate has increased by 92 per cent to $700 million in 12 months to Q1 2019. However the inflow surpassed the outflow by a huge margin. Inbound cross border investment volumes into Indian commercial real estate accounted to $2.6 billion in 12 months to Q1 2019, as per a Knight Frank report.
The top destinations where Indians are purchasing real estate are the United Kingdom, Netherlands, Germany, the United States of America and Australia, according to the Knight Frank report.
The United Kingdom remained the highest grosser of Indian investment in real estate. Indians invested $328 million into the UK's commercial real estate market.
Netherlands was the second most attractive destination for outward investment by Indians into real estate. Investment in Netherland's real estate accounted for $132 million between the first quarter of 2018 and 2019.
As per the Knight Frank report, Germany witnessed $116 million worth of investments by Indians into commercial real estate. Investments in German real estate were more than twice the investments into the United States.
The United States of America accounted for $71 million worth of Indians' outbound real estate investments, as per the report published by Knight Frank.
Australia was the fifth most attractive destination for Indian real estate investors. Between Q1 2018 and Q1 2019, Indians invested $67 million in Australian commercial real-estate.
The inbound investment in India's commercial real estate accounted for an inflow of $2.6 billion. The top countries which invested in India were Singapore, Australia, Japan, China and Hong Kong.
Singapore was the top commercial real estate investor in India, having invested $704 million, which is bigger than India's total outbound investment into foreign countries.
Australia was the second top spender in India, with investments of $98 million into India real-estate market. The outflow from India into Australian commercial real-estate was only $67 million, according to the Knight Frank report.
As per the Knight Frank report, Japan ($25 million), China ($21 million) and Hong Kong ($11 million) ranked third, fourth and fifth, respectively, in terms of inbound commercial real estate investments into India.