Future Real estate
Future of real estate in India
The report further claims that the Indian real estate sector will have growth projections of nearly $1 trillion by 2030—a market size significantly larger than the US$200 billion one in 2021. This growth in the real estate market in India is expected to push up India’s GDP by 13% on or before 2025
IBEF said,the real estate sector is projected to grow by 9.2 per cent CAGR from 2023 to 2028, according to the Indian Brand Equity Foundation (IBEF). The real estate sector generates the second-highest number of jobs in the country after the agriculture sector.
Real estate sector in India is expected to reach US$ 1 trillion in market size by 2030, up from US$ 200 billion in 2021 and contribute 13% to the country’s GDP by 2025.
