Driven by strong growth and political stability, real estate institutional investments in India reached historic high levels at $8.9 billion across 78 deals in 2024, surpassing the previous 2007 record by 6 per cent ($8.4 billion), a report showed on Wednesday.

This represents a substantial 51 per cent increase (to date) from the previous year's $5.8 billion. Also, deal activity intensified, and the year saw an increase in the number of deals by 47 per cent, according to the report by JLL, a leading global commercial real estate and investment management company.