The Structural Pivot in Indian Real Estate: A Comprehensive Shift from Traditional Office Assets to Strategic Residential Partnerships and Institutional Platforms

Indian real estate inflows reached $9–10 billion in 2025, growing 25–30% YoY, with capital now evenly split between domestic and foreign investors. Residential has risen to ~40% of institutional allocation, reducing office dominance. NRIs account for 25–30% of luxury housing sales, primarily above ₹3 crore, with 70–80% investing via direct property over REITs. Platform partnerships represent ~40% of deal volume. Data centres and infrastructure InvITs are emerging as preferred themes, underwriting 18–30% IRRs depending on risk profile.