India’s real estate sector attracted $9.5 billion in Q3 2026, led by data centres, offices and development land, with foreign investors driving the surge.

Most of the money went into data centres, offices and development land, not completed homes.
India's real estate sector took in $9.5 billion of equity capital between July and September 2026. CBRE says this is the highest quarterly figure it has recorded.
The number is more than double the $4.4 billion seen in the same quarter of 2025. It is also far above the $3.8 billion of Q2 2026.

Already ahead of last year
In the first nine months of 2026, the sector has drawn $18.6 billion. All of 2025 brought in $14.2 billion. So the year has passed last year's total with one quarter still left. Nine-month inflows are close to double the same period of 2025.

Where the money went
Three segments took nearly 91% of Q3 inflows: data centres, built-up offices, and land or development sites. Data centres grew several times over against both the previous quarter and a year ago. CBRE links this to digitalisation, AI-led demand and capital commitments.
Land deals tell a similar story. About 72% of the capital spent on site acquisitions went to office, residential and data centre projects. The rest went to mixed-use, hotel, retail, and industrial and logistics.

Who is investing
Foreign investors supplied about 59% of the total. US investors made up 90% of that foreign money. Canada, Singapore and Japan followed.
Institutions accounted for about 79% of all inflows, up from about 28% in the previous quarter. Developers had a share of about 13%.

Which cities
Mumbai, Delhi-NCR and Chennai together drew about 53% of the money. Deals spread across several cities added another 15%. Separately, investment and development platforms worth about $1.6 billion were set up across core and emerging segments.

What CBRE expects
Anshuman Magazine, CBRE's chairman and CEO for India, South-East Asia, Middle East and Africa, called it a landmark quarter. He said global investors have come back with conviction, and he expects that confidence to last through the year. Gaurav Kumar, managing director and co-head of capital markets in India, also expects the momentum to continue, backed by a mature and varied pool of capital.
For context, land and development sites made up over 46% of 2025 inflows, and built-up offices about 28%. This year the money is spread across more asset types.
The mix matters. Institutional interest is no longer limited to offices and land. It now covers income-generating built-up assets, infrastructure-linked assets and development sites.
Source: CBRE India Market Monitor – Investments Q3 2026



