If the brisk pace of investment in the country's real estate sector is any indication then it appears that the recession is gradually bottoming out of the country's property sector, said a recent report by real estate consultancy Cushman & Wakefield's on private equity investments in real estate sector. The realty sector of the country has attracted private equity investments to the tune of Rs. 5,168cr in the first quarter of 2015, which is up 85% from the Rs. 2,800cr amassed by the sector during the corresponding period last year.
But the report also added that it was a bit lower by 5.6 per cent compared to the previous quarter, claiming that the residential sector attracted the highest transaction volumes in the quarter with a 53% share in total investment activity, followed by the commercial and office space, which amassed a 47% share. The report further stated reasons for higher inflow of investment during the onset of Q1 of the fiscal and added that it was due to improved market sentiments and higher investments in residential and commercial office assets, which recorded a jump of 158% and 68% respectively, as compared to the same period of the preceding fiscal.