India Commercial Real Estate Investment Grows 15% as Cross-Border Inflows Hit USD 5.5 Billion: Savills
New Delhi, November 13, 2026: Commercial real estate investment volumes in India rose by 15 percent year-on-year during the first nine months of 2026, attracting USD 5.5 billion in cross-border capital from international buyers, according to a press release citing Savills’ latest Capital Signals Q4 2026 report. Across the broader Asia Pacific (APAC) region, commercial real estate investment reached nearly USD 200 billion over the same nine-month period, marking a 27 percent increase over the previous year.
While overall regional investment expanded across most property classes—led by a 79 percent surge in data centres and a 36 percent rise in retail—the recovery remained heavily concentrated among major institutional players. The 25 largest buyers accounted for 47 percent of APAC deal volume in the first half of 2026, the highest share since at least 2016, while the overall number of trades remained largely flat.
Commenting on the regional trend, Nicholas Wilson, Senior Director, Strategic Research & Advisory, Asia Pacific Capital Markets at Savills, said, “APAC investment volumes are recovering, but the recovery remains concentrated. In the first half of 2026, the 25 largest buyers accounted for almost half of deal value, while the overall number of trades was broadly flat. The next test will be whether pricing and financing conditions improve enough to bring a wider pool of capital back into the market.”
The report notes that India stands out in the region for combining high nominal yields with steady income growth, as Grade A office yields range between 7.75 percent and 8.0 percent alongside annual rental growth of 7 percent to 8 percent. Ongoing urbanisation, with India adding roughly 12 million urban residents annually, further underpins long-term demand, the release stated.
Speaking on the domestic market’s performance, Anurag Mathur, CEO, Savills India, said, “India continues to strengthen its position as an attractive destination for global real estate investors. Strong occupier demand, healthy rental growth and competitive yields are supporting investor confidence in the market. The growing interest from international buyers reflects the opportunity India offers, not just in terms of current returns, but also its long-term growth potential. As the market matures, we expect India to play an increasingly important role in the Asia Pacific real estate investment landscape.”
