Real Estate - Nitin's View

India’s real estate sector is experiencing a powerful resurgence. According to reports from Equirus Capital, the industry raised ₹23,080 crore in FY25 — the highest in the past seven years. This surge, driven by REITs, large developers, and renewed investor confidence, signals a structural shift in how capital is flowing into Indian real estate. Fundraising Snapshot Since FY18, the sector has mobilized ₹72,331 crore, with FY25 alone accounting for nearly a third. The breakdown: - REITs (Real Estate Investment Trusts): ₹31,241 crore - Large-cap developers: ₹20,437 crore - Mid-cap players: ₹12,496 crore - Small-cap companies: ₹8,156 crore This capital was raised across 12 major deals, including IPOs and strategic infusions, such as Embassy Developments’ ₹1,160 crore equity conversion and the upcoming ₹6,200 crore IPO by Knowledge Realty Trust, a Blackstone-Sattva Group JV. Performance Trends REITs delivered the highest 12-month return at 21.3%, outperforming all other real estate asset c...