Investments in Gurgaon double to over $1 billion

Investors across real estate segments — residential, commercial and land – are rushing into Gurgaon which saw large sales across financing and land acquisitions in excess of $1billion, double that of 2015. Last year, Gurgaon market attracted around $500 million in investments as investors were in a wait-and- watch mode towards outlook and an expected recovery. Land accounted for 42.55 of the total investment pie, followed by residential assets at 42.1%, though a bulk of it is through refinance, and core assets or rented office property bringing up the rear at 15.3% estimates CBRE South Asia.

Read more: Economic Times