India Real Estate Market -Overview, Trends [2029], & Analysis
India real estate market is anticipated to grow at a high CAGR during the forecast period of 2025-2029, owing to the growing demand for real estate in both urban and semi-urban areas across India. Moreover, the expansion of the e-commerce industry has boosted the demand for warehouse facilities. Furthermore, the implementation of 5G services and regulations by the government for data centers are boosting the demand for India real estate market. Real estate refers to the property in the form of lands and buildings. It involves buying, selling, or renting real estate (land, buildings, or housing). According to India Brand Equity Foundation (IBEF), real estate is expected to grow from USD 1.72 billion (Rs. 12,000 crore) in 2019 to USD 9.30 billion (Rs. 65,000 crore) in 2040. During the first nine months of FY 2022, the country witnessed land deals of more than 1,700 acres in the top eight cities. The real estate sector contributed approximately 7% in FY2019 and is expected to...