The rupee dipped as tensions between the US and Iran escalated, sending oil prices higher and weighing on Indian stocks and bonds. Regional markets also turned cautious with renewed fighting that threatens a fragile Middle East ceasefire. Higher energy costs alongside weak capital inflows are continuing to pressure the currency.
India’s real estate sector saw capital inflows jump 72% to a record $5.1 billion in January to March, according to CBRE. Real estate developers accounted for roughly 42% of the inflows, while REITs followed closely at about 40%, with REIT investments exceeding $2 billion—highlighting strong investor appetite.
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