India's Real Estate Market Will Double To 15.5% Of GDP by 2047

11 Feb 2025 CW Team

India's real estate sector is poised for massive expansion, projected to grow to $5.8 trillion by 2047, contributing 15.5 per cent to the country's GDP, up from the current 7.3 per cent, according to CIRIL report. By 2030, the market size is expected to reach $1 trillion, a sharp rise from $200 billion in 2021. The retail, hospitality, and commercial real estate segments are also witnessing significant growth, providing crucial infrastructure for India's expanding economy. The real estate market is set to maintain strong investment momentum in 2025, backed by robust domestic economic fundamentals and a strategic focus on technology and ESG (Environmental, Social, and Governance) integration in investment decisions. The government is expected to extend infrastructure development beyond metro cities to achieve its Vision 2047. The sector has shown remarkable performance in 2024, with residential, office, logistics, hospitality, and retail segments expected to grow at a CAGR of 9.2 per cent between 2024-2028. Urbanisation, rental market growth, and steady price appreciation are key factors driving this upward trajectory. India's economic growth is projected at 6.6 per cent in 2025, driven by private consumption and investment, according to a United Nations report. Increased capital expenditure on infrastructure is expected to have strong multiplier effects on economic expansion. Investment in real estate remains strong, with Domestic Institutional Investors (DIIs) reaching a record-high 16.46 per cent market share in September 2024, up from 16.25 per cent, with net inflows of Rs1.03 lakh crore. Despite foreign institutional investor (FII) outflows in October 2024, DII investment remained at record levels, a trend expected to continue in 2025.

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..