Indian Real Estate Fundraising Surges Over Twofold to USD 1.15 Billion in Q3 2025
By Shishta Dutta | Published at: Oct 24, 2025 06:15 PM IST

New Delhi, October 24: The Indian real estate sector has showcased a sharp turnaround regarding capital market activity during the July-September quarter of 2025. The turnaround is marked by a fundraising of USD 1.5 billion, which is more than double the amount in comparison to the previous quarter. The data is according to the latest Grant Thornton Bharat Real Estate Dealtracker report. Overall, the real estate sector recorded 42 deals across mergers & acquisitions (M&A), private equity (PE), and capital market transactions, amounting to USD 2.85 billion during the quarter.
Sharp Rise in M&A Activity
There was a sharp rise in M&A activity. It recorded 21 deals, USD 843 million in Q3 2025, up from six deals worth USD 195 million in the April–June period. Furthermore, there was also a turnaround in private equity funding, which reported 12 deals worth USD 859 million, up from seven deals totalling USD 580 million in the previous quarter.
Capital Market Fundraising More Than Doubles
The capital market fundraising more than doubled to USD 1.15 billion. The significant growth was supported by strong activity in Initial Public Offerings (IPOs) and Qualified Institutional Placements (QIPs). This segment recorded a total of 9 transactions during the quarter. This included five IPOs raising USD 805 million and four QIPs worth USD 344 million. This is a sharp rise from the four deals amounting to USD 488 million in the preceding period. A major contributor to the strong IPO performance was Sattva Group and Blackstone-backed Knowledge Realty Trust. The USD 547 million public issue accounted for 68% of the total IPO value during the quarter.
The report noted that increasing equity participation and higher capital inflows are the main reasons for the turnaround in the real estate sector. This was also supported by improved investor sentiment and rising interest in structured deals across both residential and commercial real estate segments.
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

