New Delhi: 2024 has proven to be the ace of spades for the real estate sector. That’s why we say this. As India’s real estate sector saw a record surge in initial public offerings, 123 IPOs were listed this year as of October 20, surpassing the total for 2023, indicating economic optimism and ample market liquidity.
IPO to raise around Rs 13,500 crore in 2024
The same real estate IPO raised around Rs 13,500 crore in 2024, almost double the amount raised last year.
Increased participation of retail and institutional investors
Additionally, participation from retail and institutional investors is increasing, boosting corporate profits and market credibility. Since 2010, there have been 47 real estate IPOs, raising over Rs 30,000 crore in the post-pandemic era (as of 2021) alone.
