The volume of investment has increased from USD 134 million to USD 184 million indicating a rise in confidence for indian real estate as well. India-specific cumulative fundraising attained its peak in the pre global financial crises (GFC) period. During this period between 2005 and 2008, there were 50 such funds that raised USD 16 billion in total. However, post-GFC,only 29 funds got raised in five years with cumulative fundraising of only USD 3.9 billion. The cycle started gaining momentum again just before the 2014 general elections on the hopes of a Modi-led government coming to power at the centre. USD 2.2 billion has been raised so far in the current investment cycle.This shows a definite rise in confidence for indian real estate. Not only has the volume of investment increased but there has also been an increase in the average ticket size from USD 134 million to USD 184 million. This shows how investors turned positive towar -ds india post Modi becoming the prime minister.If investment done in USD alone is considered,the average ticket size has gone up from USD 159 billion in 2009 13 to USD 388 billion in the ongoing phase that started in 2014. Foreign investments flowing During the pre-GFC phase,82% of funds got raised in USD. This reduced to 57% in post-GFC phase when the going got tough and mic -cro-market understanding was required more than banking on the macro-economy alone.The contribution,2014-onwards,has increased considerably to 70% hinting that the positively is here to stay for some time. These changes reflect how foreign investor participation rises when the economy is moving up but when the tide turns, it's the domestic investors with familiarity of developments in micro-mark -ets that increase their focus on investment.