Q3 2025 Real Estate Investment in India Up 48% YoY: CBRE Report

India’s real estate market continues to demonstrate robust growth, drawing significant investor interest through 2025. According to CBRE South Asia Pvt Ltd’s latest Market Monitor Q3 2025- Investments report, total equity inflows reached ₹90,484 crore (US$10.2 billion) between January and September 2025, a 14% increase compared to the same period last year.

In the third quarter alone, equity investments surged 48% year-on-year, totaling ₹33,710 crore (US$3.8 billion). This growth was largely driven by rising demand for land parcels, development-ready sites, and completed office and retail properties.

Notably, over 90% of Q3’s inflows were directed towards land, greenfield projects, and income-generating commercial assets, underscoring continued investor appetite across both development and operational segments. Greenfield developments, particularly in residential, office, mixed-use, data center, and industrial/logistics categories, are expected to remain active into the final quarter of the year and beyond.

Top Investment Destinations

Mumbai led all Indian cities, attracting 32% of total equity inflows, followed by Pune with 18% and Bengaluru with 16%. The data highlights a clear preference for India’s established and emerging urban centers as investment destinations.

Investor Profile and Trends

Developer contributions formed the largest share of inflows at 45%, with institutional investors comprising 33%. This balance reflects a healthy blend of domestic and global capital backing the sector. With a limited supply of core office assets, CBRE anticipates a shift toward opportunistic investments. However, demand for completed office spaces and retail assets is expected to remain dominant through the end of 2025.

Looking ahead, the sector’s broadening asset mix and India’s consistent ability to attract cross-border capital are likely to remain key drivers, supporting continued expansion into 2026 and beyond.