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A recent report by ANAROCK Capital reveals that private equity players invested $1,215 million into NCR the first nine months (9M) of FY23, against $771 million in the corresponding period in the previous financial year. This was a 58 per cent yearly jump in total PE inflows in the region. The report finds that MMR witnessed a drop in total inflows during the period � from $574 million in 9M FY22 to $224 milllion in 9M FY23. Investor focus has shifted visibly. Interestingly, Chennai, which accounted for a mere 1 per cent share of total PE inflows in 9M FY22, saw its share rise to 8 per cent in 9M FY23. As much as $268 million were invested in Chennai in 9M FY23, against $37 million in 9M FY22. Overall, Indian real estate attracted $3.4 billlion of private equity funding in 9M FY23, against $3.3 billion in the corresponding period in FY22 � an annual increase of 3 per cent. Shobhit Agarwal, Managing Director & CEO � ANAROCK Capitals, says, “With a rise in the hybrid work model and corporates expanding into Tier-II cities for their ease of working, demand and confidence in the commercial space has resurged. Confidence in the residential sector is also high currently, and will remain constant on the back of strong continued homeownership sentiment.� “In the retail segment, PE investments have remained subdued but are expected to gain momentum with physical shopping levels returning,� he says. “Thanks to the buoyant manufacturing sector, favourable government policies and the booming 3PL sector, high momentum is expected in the Industrial & Logistics sector in the future.�