Mumbai, Dec 30 (NationPress) The Indian real estate sector has successfully completed 11 capital market transactions, garnering Rs 17,867 crore during the initial nine months of FY26, as indicated by a report released on Tuesday.

This total of transactions matches the volume recorded in FY25, and projections suggest that both the capital raised and the number of deals could reach unprecedented levels not seen in the last six years, according to findings from Equirus Capital.

Since FY18, the sector has seen cumulative fundraising amounting to Rs 72,331 crore, with REITs capturing the lion's share at Rs 31,241 crore. Large-cap real estate firms followed with Rs 20,437 crore, while mid-cap and small-cap companies raised Rs 12,496 crore and Rs 8,156 crore, respectively.

The ongoing narrative of India’s real estate market remains robust, bolstered by significant economic growth and rising consumption.

Current trends suggest that the up-cycle in real estate is likely to persist in the near future, driven by enhanced affordability and increased investment.

Since the pandemic in FY21, home loan rates and rental yields have stabilized, providing relief to prospective buyers. The differential between home loan rates and rental yields is projected to decrease to below 500 bps in FY26.

Housing affordability has improved markedly across India in recent years; the property price-to-annual income ratio, which stood at 22 in 1995, has consistently declined due to urban development, now reaching 3.3 in 2024.

A combination of evolving lifestyles, home upgrades, low interest rates, and rising incomes has made real estate the preferred asset class in the first half of 2025.

The report states that residential real estate absorption across India has either matched or surpassed supply in recent years. The top seven cities have experienced increased sales, supported by numerous launches in the previous calendar year (2024).