India Real Estate Market Size Witnesses Robust Growth Rate of CAGR 10.50%, Exceeding USD 1,184 Billion by 2033

India Real Estate Market Overview

Market Size in 2024: USD 482 Billion
Market Forecast in 2033: USD 1,184 Billion
Market Growth Rate: 10.50% (2025-2033)

According to the latest report by IMARC Group, the India real estate market size was valued at USD 482 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,184 Billion by 2033, exhibiting a CAGR of 10.50% from 2025-2033.

India Real Estate Industry Trends and Drivers:
The rapid growth of the Indian real estate market comes from several factors. These factors have influenced the current state and will keep driving future growth. Rapid urbanization is a major cause. By 2050, it's expected that urban areas will hold half of India's growing population. The population shift is driving a huge demand for housing and commercial properties. This is especially true in Tier II and III cities, which are becoming key areas for real estate growth. Programs like the Pradhan Mantri Awas Yojana (PMAY) raise the demand for affordable housing. They help millions buy homes. This makes homeownership available to more people.

Urbanization and government support are important. However, upgrading infrastructure is crucial for the real estate market. Investing in metro systems, road networks, and connections has improved urban life. It has also opened up new areas for real estate development. New infrastructure projects are attracting both local and foreign investors. This boosts demand in commercial real estate, especially in office spaces and retail. Another focus for the government is the Gati Shakti Master Plan. This plan helps goods and services move easily. It also increases the need for logistics and warehousing facilities.

Another key part of the real estate boom is luxury real estate. It keeps growing because more rich people are emerging and they have more money to spend. The developers are responding by launching upscale residential projects. These come with modern amenities and sustainable features. The segment is getting a lot of investments from local and foreign sources. This makes it a key player in boosting the real estate sector's momentum. Affordable housing is struggling to keep up with demand. This gap poses big challenges for policymakers and developers. Meanwhile, luxury housing is becoming more accepted.

India's real estate market has shifted. Urbanization, improved infrastructure, government actions, and more luxury homes have caused this change. The transformation offers many opportunities for investors, developers, and consumers. It creates a win-win situation. This helps the sector grow and benefits the economy.

Download sample copy of the Report: https://www.imarcgroup.com/india-real-estate-market/requestsample

India Real Estate Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Property:
• Residential
• Commercial
• Industrial
• Land

Breakup by Business:
• Sales
• Rental

Breakup by Mode:
• Online
• Offline

Breakup by Region:
• North India
• West and Central India
• South India
• East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

• Brigade Enterprises Limited
• DLF Limited
• Experion Developers Private Limited
• Godrej Properties Limited (Godrej Industries Limited)
• Jaypee Infratech Ltd. (Jaiprakash Associates Limited)
• Lodha Group
• Merlin Group
• Oberoi Realty Limited
• PNC Infratech Limited
• Prestige Estates Projects Limited
• SOBHA Limited
• Sunteck Realty Limited

Latest News and Developments:
• January 2025: Square One launched Blackboxx Real and Blackboxx VR to transform real estate marketing. These immersive 3D and VR platforms offer interactive property experiences, enhance buyer engagement, and streamline sales. Designed for both offline and online use, the tools target mid- to high-end homebuyers across India and globally.

• January 2025: ASK Property Fund and India Sotheby's International Realty unveiled the INR 1,000 Crore ASK Curated Luxury Assets Fund, targeting luxury residential and holiday home projects across India. Registered with SEBI, the fund aims to attract high-net-worth investors and capitalize on growing demand for premium real estate.

• January 2025: Equinox India Developments merged with NAM Estates to form Embassy Developments Limited, one of India's largest publicly listed real estate firms. The merger expands its residential and commercial portfolio, strengthens presence in South India and Tier-2 cities, and positions it as a major player in India's property market.

• November 2024: Magicbricks launched its 'Site Visit Product' to simplify property selection by curating options based on buyer preferences and managing visit logistics. The service has enabled over 16,000 site visits and 1,000 bookings across 350+ projects, enhancing decision-making efficiency and supporting developers in engaging serious buyers.

• August 2024: Godrej Properties launched the #WhereTrustResides campaign, featuring a 9-year-old character, Diya, to simplify and humanize the home-buying journey. The initiative, focused on trust and transparency, reached over 100 million users online and highlights Godrej's commitment to quality, design, and community in real estate.

Key highlights of the Report:
• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Ask analyst for your customized sample: https://www.imarcgroup.com/request?type=report&id=5495&flag=C

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About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.