Curation Team
NEW DELHI: Capital mobilisation by real estate companies has more than tripled in FY25, touching Rs 3,28,526 million, up from Rs 1,09,554 million in FY24, according to Equirus Capital. The number of deals also surged from 5 to 17 over the same period.
Large-cap players led the fundraising, clocking Rs 3,93,898 million, followed by REITs at Rs 3,12,012 million. Small-cap and mid-cap firms raised Rs 66,938 million and Rs 52,626 million, respectively.
Equirus Capital noted that returns from Real Estate Investment Trusts (REITs) stood at 17.9% for the 12-month period ending June 23, 2025—nearly three times higher than Sensex returns of 6.1%. In contrast, listed large, mid, and small-cap real estate stocks posted negative returns in the same period.
However, from a longer-term perspective starting March 2021, small-cap real estate companies have emerged as the best performers, followed by mid-cap players, outperforming other segments and even the benchmark Sensex
