AIFs delivers Largest Investments to Real Estate - Hits Rs. 74, 000 Crore in 9 Months

Alternative Investment Funds delivered their largest investments to real estate in the period between December 2020 and December 2024 through which the segment captured Rs.74,000 crore according to Anarock Research reporting. The SWAMIH Fund functions as India's primary AIF to invest over Rs.35,000 crore that assists in revitalizing various delayed housing initiatives throughout the national territory. The investment platform Alternate Investment Funds pools private capital into private equity and real estate along with hedge fund assets for experienced investors seeking high-risk rewards. Overall investments in real estate represented 15% of the total AIF net investments according to data collected by SEBI for the AIF Research Report 2025 which amounted to Rs.73,903 crore within Rs.5,06,196 crore of all-sector investments.

Bootstrapped by Alternative Investment Funds (AIFs) are the IT/ITeS and financial services sectors together with non-banking financial companies (NBFCs), banks, pharma and FMCG industries and retail along with renewable energy and several other market segments. At the midway point of 9M FY25 real estate investments via Alternative Investment Funds grew from Rs.68,540 crore during FY 2024-end to Rs.73,903 crore marking an 8% rise throughout the first three quarters of fiscal year 2025. The report forecasts continuous growth with an upward trend for the next months based on current statistics.

“The SWAMIH Fund, India's flagship AIF and arguably the most prominent, has helped revive numerous stalled projects with liquidity infusions of over Rs.35,000 crore to date,” said Anuj Puri, chairman, ANAROCK Group.

“By facilitating the completion of many thousands of housing units, SWAMIH Fund has been an unmitigated boon for homebuyers across the country and helped bring considerable stability to the real estate market. That said, the SWAMIH Fund fights a constant uphill battle against various impediments. The SWAMIH Fund's encumbered journey underscores that addressing India’s stalled housing crisis requires more than just capital — it demands systemic reform," says Puri.