Delhi NCR has emerged as one of the biggest winners in India’s real estate investment market this year, with institutional investments in the region rising sharply in the first nine months of 2026. According to Colliers India, investments in Delhi NCR jumped 178% year-on-year to around $581.7 million between January and September 2026.
The sharp rise comes even as overall institutional investment in Indian real estate remained strong. The sector attracted $5.9 billion during the first nine months of 2026, a 39% rise from the same period last year.
Delhi NCR attracted around $581.7 million in institutional investments between January and September 2026, compared with $209.6 million in the same period a year earlier.
This translates into a 178% year-on-year increase, the highest growth among the major cities tracked by Colliers during the period.
Office assets were the main driver of investments in Delhi NCR. The region’s strong demand for income-generating and operational Grade A office properties has helped keep investor interest high.
and Chennai also recorded strong investment inflows during the first nine months of the year. Bengaluru attracted $643.4 million, up 21% from $530.1 million a year earlier, while Chennai saw investments rise 91% to $639.4 million from $335.3 million.
Together, Bengaluru, Chennai and Delhi NCR accounted for nearly one-third of institutional real estate investments during January-September 2026.
Investors are also increasingly looking beyond a single city. Multi-city deals attracted around $2.9 billion during the first nine months of 2026, more than double the amount recorded a year earlier.
These deals accounted for about half of the total institutional investment during the period. Colliers said the preference for diversified, multi-location portfolios remained a notable trend this year.
, meanwhile, attracted around $518.9 million during the period, down 36% year-on-year. recorded $492.4 million, marking a 66% rise from the year-ago period.
At the national level, institutional investments in Indian real estate reached $5.9 billion between January and September 2026, the highest nine-month investment volume in recent years.
Domestic investors continued to lead the market, accounting for around 60% of the total investment at $3.5 billion. Domestic capital inflows rose 59% year-on-year. Foreign investments also increased 17% to around $2.4 billion.
The office segment remained the largest investment category, attracting $2.2 billion, up 46% from the year-ago period.
Colliers said strong leasing activity across high-quality Grade A office properties and long-term demand prospects continued to support investor interest in the segment.
Badal Yagnik, CEO and Managing Director, Colliers India, said the growing strength of domestic capital was one of the key themes in the market. He added that increasing depth in domestic investment, along with a likely rise in foreign investment, could support real estate investment in the coming quarters.