Mumbai Real Estate Market Sees Fourfold Surge in Institutional Investments to $1.19 Billion

Mumbai's real estate market has seen a remarkable surge in institutional investments, reaching USD 1.19 billion in the first nine months of 2025. This represents a fourfold increase from the USD 295.57 million recorded in the same period last year, according to a report by Cushman & Wakefield. The report, titled 'India Capital Markets Q3 2025,' highlights the growing interest in Mumbai's property market from both foreign and domestic investors.

The data shows that foreign capital accounted for two-thirds (67%) of the total inflow, amounting to USD 797.7 million. The majority of this foreign investment came from the United States, contributing USD 500 million, followed by Japan with USD 297 million. The remaining USD 398 million was invested by domestic investors.

Somy Thomas, Executive Managing Director of Capital Markets at Cushman & Wakefield, noted that this significant increase in institutional investment in Mumbai's real estate market has crossed the USD 1 billion mark for the fourth consecutive year. 'This resilience reflects strong fundamentals, infrastructure-led growth, and a diversified asset base that continues to attract both foreign and domestic capital,' Thomas stated. He further added that transformative projects like the Trans Harbour Link and Coastal Road are enhancing connectivity, bolstering investor confidence in Mumbai's long-term growth. 'We expect this momentum to accelerate in the months ahead,' he concluded.

The robust growth in institutional investments is a clear indication of the market's potential and the confidence of investors in Mumbai's real estate sector. The city's strategic location, robust infrastructure, and economic vibrancy are key factors driving this surge. As the financial capital of India, Mumbai continues to attract significant investments, contributing to its development and enhancing its status as a global hub for real estate and business.