Data on Real Estate Sector Drives IPO Growth, Raising INR 135 Billion in 2024

India's real estate sector has witnessed a surge in IPO activity in 2024, raising ₹135 billion, nearly double the previous year, driven by strong housing demand, record office leasing, and growth in REITs and housing finance companies (HFCs). Real estate IPOs, including flex space operators and developers, have gained momentum, with 90% being oversubscribed and the BSE Realty Index outperforming the Sensex with over 30% gains. Post-pandemic, the sector raised ₹319 billion through 21 IPOs (2021-2024), highlighting robust investor confidence and the sector's critical role in economic growth.

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