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.
*The demand for luxury homes in India, particularly those priced at Rs. 4 crore (US$ 0.5 million) and above, saw a remarkable surge in 2024, with sales rising by 53% across seven major cities. According to data from real estate consultancy firm CBRE, the total number of luxury housing units sold last year stood at 19,700.
*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 9.2% 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. 3.8 lakh crore (US$ 50 billion), is seeking to invest an additional Rs. 1.7 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.
*The Union Budget 2025-26 boosts homeowners with nil tax on two self-occupied properties (earlier one) and raises TDS threshold on rent from Rs. 2.4 lakh (US$ 2,769) to Rs. 6 lakh (US$ 6,924), driving property ownership demand.
*In the Union Budget 2024-25, PM Awas Yojana Urban 2.0 will address housing needs for 1 crore urban poor and middle-class families with a Rs. 10 lakh crore (US$ 120.16 billion) investment.
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$ 3.1 billion yearly into Indian real estate, with a 37% YoY increase in the first half of 2024.
Godrej Properties
Godrej Properties was established in 1987 and is part of Godrej Group, one of the largest conglomerates in India. Today, it is one of the leading real estate developers in the country with presence in 10 cities. The company witnessed its highest ever sales in FY24 surpassing previous records in both the value and volume of real estate transactions, totalling 20 million square feet. The booking value stood at Rs. 22,527 crore (US$ 2.71 billion) in FY24.
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DLF
DLF Ltd. is the largest real estate developer in India with more than 73 years of experience in the realty sector. The company operates in all the stages of real estate development – land identification and acquisition, planning execution, construction, and marketing of projects. The company generates its revenues from both sales and rentals of its projects. It is also engaged in power generation and transmission. In 2018, the company decided on a new business model named DLF 2.0.
Read MoreSobha Limited
SOBHA is one of the most respected Real Estate brands in India and the only backward integrated real estate player in the country. It was started in 1995 with a vision to transform the way people perceive ‘quality’. It has presence in 27 cities and 14 states across India, making it a truly PAN India player. Its total consolidated income reached Rs. 32,178.82 million (US$ 386.7 million) in FY24.
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