In 2023, the Gross Value Added (GVA) for the real estate sector in India was at a certain level, which then rose to 598.84 billion Euros in 2024. The forecast shows a consistent upward trend with the GVA expected to reach 703.42 billion Euros by 2028. Year-on-year growth rates from 2024 to 2028 exhibit gradual increases, indicative of a strong and sustained expansion in the real estate sector. The Compound Annual Growth Rate (CAGR) over this period reflects a healthy annual growth rate, underscoring the robust performance and upward momentum of the industry.
Future trends to watch for include:
- Urbanization and infrastructure development driving further demand.
- Emergence of new real estate hubs in response to policy incentives.
- Digital transformation and technological innovations shaping property management and transactions.
- Regulatory changes impacting investment dynamics.
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