Global interest in Indian realty to continue

Sanjeev Dasgupta, CEO of Ascendas India Trust, has informed that the country's property sector will continue to see increased interest from the global investors and a higher allocation of long-term capital, given the limited growth opportunities in other developing markets. India will be a key part of the overall growth strategy as global investors are looking at yield generating opportunities and emerging markets will see a lot of opportunities when dollar rate and interest rates drop. The firm is looking to invest more in commercial, logistic and industrial assets, and data centres, as part of its expansion in India as it is one of its strategic growth markets. The company has not put any investment on hold despite the Covid-19 disruption and its yields have neither contracted nor gone up.