India has received a total estimated investment of $1.2 billion in the real estate sector making it the 10th most invested location in Asia-Pacific region of which investment in land was the highest at $838 million, according to a report by real estate consultancy Cushman and Wakefield.

The report--Investment Market Beat 2013--reveals that APAC region received a record $487 billion of investment in the real estate sector. Of the nations surveyed for investments, China recorded the highest volume of investments of $358 billion followed by Japan which recorded investments worth $44.6 billion in 2013.

According to the report, in India, investments in both land and office sector recorded a significant decline over the previous year. Investment in land suffered a decline of 61 per cent while office saw a decline of 77 per cent in total investments in 2013 over the past year.

Sanjay Dutt, Executive Managing Director, South Asia, Cushman & Wakefield, said: “There is a poignant pause that the investors have adopted so far as the Indian real estate market scenario is concerned, largely on account of the fact that India is currently at political cusp with general elections for the country just around the corner. Adding to this, are the suggested regulatory framework changes, which are yet to be implemented therefore, their entire impact is still to be assessed on ground, which is also keeping investors from making futuristic investments. ”

“This decline in investment numbers are however, not indicative of the sentiments investors have of India, as it continues to show future promise as a key market with the APAC region. This can be well understood from the fact that private equity has seen a rise of approximately 13 per cent year-on-year in 2013. We expect the economy in general and investment markets in specific to start seeing remarkable improvements by 2015.”

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