Mumbai, June 23
Institutional investments in the Indian real estate market reached $3,068 million ($3.1 billion) across 30 deals in the first half of 2025, according to a report on Monday.
Investment transactions are experiencing extended timelines due to the challenging international economic conditions. Despite this moderation, the real estate market demonstrates fundamental resilience, said the report by JLL.
This slowdown follows an exceptional 2024, which saw investments reach a historic peak, marginally surpassing the previous record of $8.4 billion set in 2007.
Institutional investors continue to participate through public market channels including REITs, QIPs, and investments in listed entities. The standout transaction of 2025 has been Blackstone's significant entry into India's residential real estate sector with approximately $214 million invested to acquire up to 66 per cent of Kolte-Patil Developers.
“India’s real estate sector remains a compelling investment destination, buoyed by both domestic and international confidence despite global economic uncertainties having presented short-term challenges in the first half of 2025,” said Lata Pillai, Senior Managing Director, and Head of Capital Markets, India, JLL.
A robust pipeline of deals exceeding $1 billion points to sustained activity ahead. The surge in activity from REITs and institutional players further highlights the maturity and depth of the Indian real estate investment landscape.