Amid demonetization woes and its impact on real estate, 2016 marked regulatory changes that instilled greater investor confidence in the sector. Private equity (PE) inflows into real estate grew 62% from the a year ago, with total inflows at Rs 38,000 crore. Equity instruments gained traction, growing 29%. Although commercial leasing growth has been very strong and residential unit sales are still shaky, PE flows into the latter was about 1.7 times that into the former.
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