The Indian real estate sector has witnessed a surge in institutional investments over the past 15 years, attracting nearly $80 billion in total funding, according to a new joint report by the Confederation of Real Estate Developers’ Associations of India (CREDAI) and Colliers India. More than half of this capital—around 57%—has come from overseas investors, underlining India’s rising appeal as a long-term property market destination.
The report, titled Indian Real Estate: Fostering Equity and Fuelling Economic Growth, was released ahead of CREDAI’s annual National Convention (NATCON). It highlights that while foreign players continue to dominate, domestic capital has also grown significantly, especially in the years following the Covid-19 pandemic. Institutional investments cover a wide range of sources, including pension funds, sovereign wealth funds, private equity, foreign banks, family offices, corporate groups, REITs, and specialized real estate fund-developers.
Looking ahead, the study projects that India’s real estate sector could be worth between $5 trillion and $10 trillion by 2047, coinciding with the country’s centennial year of independence. CREDAI President Shekhar Patel noted that by then, the industry’s impact will go beyond asset values and square footage. Instead, success will be defined by its contribution to climate-friendly cities, affordable but aspirational housing, and innovation-led urban ecosystems that enhance citizens’ quality of life.
Colliers India CEO Badal Yagnik added that supportive government policies, strong demand, and increasing investor participation will fuel growth across multiple asset categories. The report forecasts that Grade A office and industrial space will surpass two billion square feet by 2047, while annual residential sales may double to one million units. Meanwhile, niche sectors such as senior living facilities, retail malls, hospitality, and data centers are also expected to expand rapidly, reflecting India’s demographic diversity and changing lifestyle preferences.
The report emphasizes the role of real estate as a cornerstone of India’s inclusive urbanization and sustainable community development. With its growing scale, quality upgrades, and evolving asset mix, the sector is positioned not just to meet housing and commercial needs but also to serve as a catalyst for India’s broader economic rise.
By showcasing resilience, attracting long-term capital, and driving innovation in urban infrastructure, Indian real estate is set to play a pivotal role in the country’s journey toward becoming a global economic leader by mid-century.
