A joint report by KPMG in India and FICCI has highlighted technology-led transformation as critical to scaling India’s real estate sector and improving execution certainty, transparency and investor confidence.

Released at the 19th FICCI Real Estate Summit, the report titled Reimagining India’s Real Estate Landscape: The role of technology in value chain transformation stated that technology is evolving from a support function to a core driver across the real estate lifecycle, including land identification, design, construction, sales, transactions and asset management.

The report noted that India’s real estate market, valued at USD 650 billion in 2025, is projected to reach USD 5.8 trillion by 2047, requiring end-to-end digital transformation rather than fragmented adoption of technology tools.

Key recommendations included wider integration of GIS, BIM, IoT, AI, blockchain and digital twins across project planning and operations. The report also highlighted the need for BIM-led planning, AI-driven valuation and forecasting models, blockchain-enabled transactions and real-time monitoring through drones and IoT-based construction management systems.

Commenting on the findings, Neeraj Bansal said technology is increasingly shaping execution certainty, transparency and capital efficiency in the sector. He added that government-led initiatives such as the Digital India Land Records Modernisation Programme are helping lower structural risks and improve investor confidence.

The report concluded that while digital adoption in real estate has accelerated in recent years, the next phase of growth will depend on embedding technology into enterprise-wide operating models and aligning private sector transformation with government-led digital reforms.