India, April 24 -- India's real estate sector recorded a 63% QoQ decline in deal value to $763 million during the January-March quarter of 2026 across 32 deals from $2,083 million in the previous quarter, mainly due to the absence of large-ticket transactions, according to a report by Grant Thornton Bharat.

"Deal volumes, including IPO and QIP activity, increased from 26 in Q4 2025 to 32 in Q1 2026 and rose from 28 deals a year ago (up by 14%), while total deal value declined significantly from $2,083 million in the previous quarter, marking one of the lowest quarterly values since Q4 2023," the report said.

The report said the divergence between higher deal volumes and lower values signals a shift toward smaller and mid-sized transacti...