NEW DELHI: Private equity (PE) investment in real estate is estimated to fall 31 per cent year-on-year during 2020 to USD 4.6 billion due to an adverse impact of the COVID-19 on economic growth, according to property consultant Savills.In its 'Beyond The'20: Private Equity in India Real Estate', Savills India expects the PE inflow to bounce back and grow by 30 per cent in the next year to USD 6 billion.