Real Estate Industry Growth - Infographic

India's real estate sector is expected to touch a US$ 1 trillion market size by 2030, accounting for 18-20% of India's GDP.

Advantage India

Robust
Demand

*According to Savills India, real estate demand for data centres is expected to increase by 15-18 million sq. ft. by 2025.

*In 2023, luxury home sales in India surged by 75%, doubling their share in total housing sales.

*Organized retail real estate stock is expected to increase by 28% to 82 million sq. ft. by 2023.

Attractive
Opportunities

*The real estate sector shows promise with a projected 9.20% CAGR from 2023 to 2028. 2024 is expected to drive growth with urbanization, rental market expansion, and property price appreciation.

*Private market investor, Blackstone, which has significantly invested in the Indian real estate sector (worth Rs. 3.80 lakh crore (US$ 50 billion), is seeking to invest an additional Rs. 1.70 lakh crore (US$ 22 billion) by 2030.

Policy
Support

*Driven by increasing transparency and returns, there’s a surge in private investment in the sector.

*The Government has allowed FDI of up to 100% for townships and settlements development projects.

*In the 2024-25 interim Budget, Finance Minister Ms. Nirmala Sitharaman announced a boost for India's affordable housing sector by adding 2 crore more houses to the flagship scheme PMAY-U.

Increasing
Investments

*The new framework for Small and Medium Real Estate Investment Trusts (SM REITs) has been praised by the realtors' association CREDAI, stating that it will enhance the flow of funds into the Indian real estate market.

*Foreign investors pump around US$ 4 billion yearly into Indian real estate, with a 20% YoY increase in foreign inflows in 2023.

Last updated: May, 2024

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