Mumbai, Nov 24 || India has emerged as one of the most active and fastest-growing real estate private credit markets in the Asia-Pacific region, securing the second position and accounting for 36 per cent of regional fundraising between 2020 and 2024, a new report said on Monday.
The data compiled by Knight Frank notes that India’s private credit assets under management have seen sharp growth, rising from $0.7 billion in 2010 to $17.8 billion in 2023.
Knight Frank expects India to contribute between 20 and 25 per cent of the region’s projected $90–110 billion private credit expansion by 2028, driven by stronger investor appetite, policy reforms, and increased developer demand for non-bank financing.
This rapid expansion is being supported by structural shifts in the financing ecosystem, according to the report.