Mumbai Real Estate Market Sees Fourfold Surge in Institutional Investments to $1.19 Billion
Mumbai's real estate market has witnessed a significant fourfold jump in institutional investments, reaching USD 1.19 billion in the first nine months of 2025. According to Cushman & Wakefield's India Capital Markets Q3 2025 report, this substantial increase is driven by foreign investors who are eager to fund residential and commercial projects for better returns.
The report highlights that institutional investments in Mumbai's property market surged to USD 1,195.78 million during the January-September period of this year, up from USD 295.57 million in the same period last year. This significant growth underscores the growing interest and confidence of investors in the city's real estate sector.
Out of the total inflow, foreign capital accounted for two-thirds (67%) of the investment, totaling USD 797.7 million. The primary contributors were investors from the United States, with USD 500 million, and Japan, with USD 297 million. Domestic investors contributed the remaining USD 398 million, demonstrating a balanced mix of foreign and local investment.
Somy Thomas, Executive Managing Director of Capital Markets at Cushman & Wakefield, noted that the 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, which is boosting 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 in Mumbai's real estate market is a clear indicator of the city's economic resilience and the potential for high returns on investment. As infrastructure projects continue to improve connectivity and accessibility, the market is likely to attract even more investors in the future, further solidifying Mumbai's position as a key real estate hub in India.