Indian real estate to increasingly tap domestic institutional capital to facilitate growth, reports JLL

The growth of the Indian real estate sector will increasingly rely on potential access to approximately $41 billion of untapped domestic institutional capital. According to JLL, since 2010 the Indian real estate sector has attracted institutional investments of approximately $57 billion. Around $46 billion of these investments occurred between 2015 and first half 2023, accounting for 81 percent of the investments since 2010.

To date, capital originating in the Americas represents the biggest share of private equity investment in India. However, due to economic uncertainty, capital from this geography has declined from a high of 52 percent in 2022 to 26 percent in first half 2023. According to JLL analysis, while foreign institutional investors turned cautious, first half 2023 witnessed a growth in domestic capital, which has helped fill the void.

Furthermore, the introduction of guidelines for Real Estate Investment Trusts (2014), the Housing for All Mission (2015), th