Delhi-NCR realty gets a fresh coat of investor trust

Fund houses, who once shunned the Delhi-NCR property market due to uncertainty and lack of trust, are now actively participating with several realty developers raising capital in the last few months.

Some of the recent fundraising deals include Elan Group garnering '250 crore from Piramal Finance, and Whiteland Corporation tapping three financial institutions for '250 crore. Namo Realtech secured '350-crore debt from a real estate credit platform jointly managed by BGO and Aditya Birla Sun Life AMC. Property developer Omaxe raised '500 crore from funds managed by Oaktree Capital Management.

"The successful fundraising efforts of multiple realty companies signal a confidence in the sector's growth potential," said Anshuman Magazine, chairman & CEO, India, South East Asia, Middle East & Africa at CBRE. He said factors such as increased demand for housing, proactive government policies, and improving market fundamentals have restored trust in the realty market and triggered optimism. "The remainder of 2025, we anticipate sustained investments, driven by the sector's strengths and growth," he said.

Over the last few years, especially post-pandemic, the NCR real estate market has seen a strong resurgence-both in terms of end-user demand and institutional interest.

"What's driving this renewed trust is a visible shift in the developer landscape," said Binitha Dalal, founder & managing partner, Mt. K Kapital. "The market is largely driven by RERA-compliant, governance-focused players who are prioritising transparency and timely delivery. Buyers have become far more discerning and are gravitating towards developers with a solid track record."

Experts said recent investments by leading global and domestic funds are a strong signal that the sector has entered a more stable and delivery-driven phase.

“Builders are focusing on what matters most timely handovers, transparent processes, and a better overall experience for buyers. This shift is being recognised by institutional investors who are now backing large-scale projects across the region,” said Mohit Goel, managing director, Omaxe.

India’s real estate sector received $1.8 billion in institutional investments in the June quarter. This was dominated by foreign investments, though the share declined to 66% from 71% a year earlier.

“We see this as part of a broader shift where investor confidence is growing across both urban and leisure markets. The rising interest in holiday homes, especially in destinations like Goa, reflects how lifestyle-led investments are gaining momentum,” said Aditya Kushwaha, CEO and director, Axis Ecorp.

Amid global headwinds, investors from the US, Japan, and Hong Kong contributed around 89% to foreign investments in India’s real estate sector in Q2 2025. The share remained largely stable compared to the same period a year earlier.