Senior living and commercial real estate emerged as key long-term growth drivers at the 11th Edition of MahaCON, CREDAI Maharashtra’s flagship conclave. Industry leaders projected the senior living market to reach $36 billion by 2050, while commercial real estate is expected to grow to $1.43 trillion by 2035.

Boman Irani, Chairman, CREDAI and CMD, Rustomjee Group, noted that Indian real estate has grown 130 per cent over the past decade and is on track to become a ₹10 lakh crore sector in the next 10 years. He emphasised the need to prioritise specialised segments such as senior living and called for stronger collaboration between academia, including IITs, and industry to drive technology adoption and skill enhancement. He also stressed leveraging AI and data for improved transparency and efficiency across planning, sales and finance.

At the session “RE Vision 2035”, Satish Magar highlighted the impact of infrastructure and connectivity on Maharashtra’s urban landscape. Structured finance in Tier 2 and Tier 3 cities was also discussed, with SME IPOs worth ₹12,200 crore in 2025 compared to ₹9,500 crore in 2024, signalling increased capital flow into emerging markets.

The conclave, themed “Being the Lighthouse”, brought together over 500 stakeholders to chart the sector’s next phase of growth.