India’s Real Estate Sector
Overall Market Growth
- The sector is expected to reach US$ 1 trillion by 2030, up from US$ 200 billion in 2021, and contribute 13% to India's GDP by 2025.
- By 2047, the market size is anticipated to expand to US$ 5.8 trillion, contributing 15.5% to the GDP from an existing share of 7.3%.
Residential Property Market
- In FY23, the residential property market saw home sales reaching Rs. 3.47 lakh crore (US$ 42 billion), a 48% year-on-year increase.
- Sales volume increased by 36% to 379,095 units sold.
Retail and Commercial Real Estate
- The physical retail landscape is set for significant growth with ....
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