Institutional investors have put in USD 5 billion so far this year into the real estate sector, largely in commercial assets, according to KPMG.
"USD 5 billion invested by institutional investors since the beginning of 2017 -- a record year in the making," the consultant said in a statement.
The investments are preferred in commercial assets such as office space and warehouses.
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"USD 111 million is the average deal size in 2017, which is more than double the deal size witnessed in last few years. USD 3 billion invested by pension and sovereign wealth funds since the beginning of 2017," it added.
Private equity and NBFCs (non-banking financial companies) have become the preferred capital source for under- construction projects.
"The year 2017 is on its course to witness highest annual investment in Indian realty in past decade, with about USD 5 billion worth of deals already closed so far," said Neeraj Bansal, Partner and Head, ASEAN Corridor, Building, Construction and Real Estate, KPMG in India.
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