Wealthy or high networth individuals (HNIs) are doing a rethink on their real estate exposure and actively looking at reducing allocation to the asset class.
Such families, on an average, intend to invest more in equity and private equity and less in real estate and hedge funds over the next 12 months, a recent survey by Edelweiss Private Wealth Management and Campden Family Connect observes.
IIFL Wealth Index’s survey reveals that nearly a third of India’s richest individuals see property as over-represented in their portfolios.
“Most of the clients surveyed are either over-allocated or adequately allocated to real estate. Consequently, their real estate