By 2047, an estimated 50% of India’s population will reside in urban centers, leading to increased demand across housing, office, and retail asset classes
Indian Real Estate Industry Analysis
India’s real estate sector is expected to expand to US$ 5.8 trillion by 2047, contributing 15.5% to the GDP from an existing share of 7.3%.
India to become real estate capital of Asia says Hurun Report
With real estate companies worth $36 billion in 2024, India is accelerating to become the real estate capital of Asia, pushing away China in terms of growth rate according to the 2024 GROHE-Hurun India Real Estate 100 report.
Bengaluru Becomes India’s Biggest Real Estate Seller Last Financial Quarter: Report
The IT hub has emerged as the leading residential real estate market, with a sale of 18,550 units last financial quarter, according to a report from Real Estate Intelligence Service (REIS) of JLL Research on Thursday.