India's real estate funding has shifted towards more structured and disciplined approaches, driven by regulatory tightening and the rise of institutional capital. Projects are now typically funded through a stacked capital structure including developer equity (now 25-30% of costs), NBFC/private credit, and homebuyer advances via escrow accounts. Capital is deployed at the project level, tied to approvals and construction milestones, favoring larger developers and joint development models for better execution and delivery predictability.