The sector remains one of India’s top employment generators, second only to agriculture, and is expected to see increased investment from non-resident Indians (NRIs), especially in cities like Bengaluru, Ahmedabad, and Pune, among others.
Over recent years, the Indian real estate landscape has transformed remarkably, addressing various challenges with tenacity. Estimates by the Indian Brand Equity Foundation suggest that the sector is projected to grow from Rs. 12,000 crore (USD $1.72 billion) in 2019 to Rs. 65,000 crore (USD $9.30 billion) by 2040, with major contributors being advancements in infrastructure, regulatory reforms, and government support.
Despite the disruptions of recent years, the government has actively promoted housing affordability and accessibility, alongside a heightened focus on sustainability. Technology adoption, efficient building specifications, and forward-thinking policies continue to position India’s real estate market for sustained growth.
As companies expand and urban centers flourish, the demand for both office and residential spaces in urban and semi-urban areas is on the rise. Regulatory reforms such as the Goods and Services Tax (GST) and the Real Estate (Regulation and Development) Act (RERA) have enhanced transparency, making it easier for NRIs to invest through trusted, RERA-registered properties
