Real Estate Investments Surge by 48% YoY to $3.8 Billion in Q3 FY25: CBRE Report
CBRE South Asia published its latest report, ‘Market Monitor Q3 2025 – Investments’, on October 10, 2025. The report highlights a substantial 48% year-over-year (YoY) increase in total equity investments in the real estate sector to $3.8 billion during the July-September quarter of 2025. In Q3 2024, the inflows stood at $2.6 billion.
During Q3 2025, the inflows were primarily driven by capital deployment into land/development sites and built-up office and retail assets. In the first nine months of 2025 (9M 2025), equity investments increased by around 14% YoY to $10.2 billion from $8.9 billion in the same period last year.
Anshuman Magazine, chairman and CEO of India, South-East Asia, Middle East, and Africa at CBRE, commented, “The healthy inflow of domestic capital demonstrates the sector’s resilience and depth. India’s real estate sector is entering a phase of accelerated growth, driven by continued investor confidence. In the upcoming quarters, greenfield developments are likely to continue witnessing a robust momentum, with a healthy spread across residential, office, mixed-use, data centres, and I&L sectors.”
Gaurav Kumar, managing director of capital markets and land at CBRE India, added, “The investment landscape is becoming more diversified, with capital deployment into both built-up and development assets. In addition to global institutional investors, Indian sponsors accounted for a significant part of the total inflows. India’s ability to combine strong domestic capital with global institutional participation will remain a key differentiator in 2026 and beyond.”
Asset-wise, the growth was largely driven by sustained interest in land/development sites, along with robust activity in built-up asset acquisitions. Together, land/development sites and built-up office and retail assets accounted for more than 90% of the total capital inflows during Q3 2025.
Among major cities, Mumbai attracted the highest investments, accounting for a share of around 32%, followed by Pune (~18%) and Bengaluru (~16%). In the category of investors, developers remained the primary drivers of capital deployment, contributing approximately 45% of the total equity inflows, followed by institutional investors with a 33% share.
The report indicates that investment activity in 2025 is expected to close on a strong note, primarily fueled by capital deployment into built-up office and retail assets. Greenfield developments are likely to continue witnessing robust momentum in the upcoming quarters across residential, mixed-use, data centres, and I&L sectors. For the office sector, the limited availability of investible core assets for acquisition suggests that opportunistic bets are likely to continue gaining traction.
