Mumbai’s real estate investment from institutions has looped back to pre-pandemic highs. It topped $1 billion for the fourth straight year. The city reached $1.2 billion in the first nine months of 2025. Cushman & Wakefield’s India Capital Markets Q3 2025 report notes this.
Across India, such investments from private equity and REITs hit $4.7 billion so far this year. The total looks set to end at $6 to $6.5 billion. That would rank 2025 as the second strongest year for commercial real estate investments.
Local institutions now make up 48% of the inflows from January to September. This marks a big jump from earlier years. Overseas investors cover the other 52%. The change cuts down risks from global fund shifts. It also boosts the market’s steady base, per the report.
Office spaces lead for these investors at 35% of year-to-date funds. Homes come next with 26%. Retail takes 12%. Logistics and industrial assets get 9%.
Real estate investments stay robust in southern India. Vivek K. Chandy, Joint Managing Partner at JSA Advocates & Solicitors, points this out. Bangalore builders have spread to big southern cities. They also launch major projects in Mumbai and the NCR. Stock markets gave strong gains after the pandemic. Yet in the past year, real estate likely brought even larger profits.