GenAI Could Boost Real Estate Sales by Up to 50 Per Cent
Technology

GenAI Could Boost Real Estate Sales by Up to 50 Per Cent

Generative AI (GenAI) could significantly improve operational efficiency and business performance across India's real estate sector, with developers potentially achieving 30-50 per cent higher sales velocity and around 30 per cent faster project launches, according to a joint report by EY-Parthenon and CREDAI.

Titled GenAI in Indian Real Estate, the report highlights how AI-driven customer intelligence, automated design workflows and predictive project monitoring are reshaping the real estate value chain, enabling a shift towards more intelligence-led operations.

According to the report, early adopters of GenAI could benefit from a 20-50 per cent improvement in workforce productivity, a 20-50 per cent reduction in customer acquisition costs and substantially faster decision-making cycles. The study suggests that GenAI-led transformation could unlock two to three times enterprise value over the short to medium term by accelerating project timelines and improving operational efficiency.

"GenAI is fast becoming central to value creation and competitiveness, making inaction a growing strategic risk," said Chaitanya Seth, Partner – Real Estate Practice, EY-Parthenon India. "This is not about incremental digitisation; it is about rewiring the operating model, redefining customer experience and building brands that scale faster and sell smarter."

The report estimates that GenAI could contribute US$14-17 billion to the sector's Gross Value Added over the next seven years, representing a three to four per cent uplift in real estate value. At the national level, the technology could add between US$359 billion and US$438 billion to India's GDP by 2030.

The study also highlights benefits across the development lifecycle, including a 50 per cent reduction in deal evaluation time, 30-35 per cent faster land-closure processes and the ability to assess 2.5 times more transactions through automated feasibility modelling and financial scenario generation.

Shekhar G Patel, President, CREDAI, said the next phase of growth in Indian real estate will be driven by intelligence, speed and better decision-making. He noted that GenAI has the potential to improve project execution, enhance customer experiences and help developers respond more effectively to evolving market requirements.

The report identifies opportunities for GenAI across land acquisition, project planning, design, construction management, sales, marketing and post-sales services, positioning artificial intelligence as a key enabler of future growth and competitiveness in the sector.

Generative AI (GenAI) could significantly improve operational efficiency and business performance across India's real estate sector, with developers potentially achieving 30-50 per cent higher sales velocity and around 30 per cent faster project launches, according to a joint report by EY-Parthenon and CREDAI.Titled GenAI in Indian Real Estate, the report highlights how AI-driven customer intelligence, automated design workflows and predictive project monitoring are reshaping the real estate value chain, enabling a shift towards more intelligence-led operations.According to the report, early adopters of GenAI could benefit from a 20-50 per cent improvement in workforce productivity, a 20-50 per cent reduction in customer acquisition costs and substantially faster decision-making cycles. The study suggests that GenAI-led transformation could unlock two to three times enterprise value over the short to medium term by accelerating project timelines and improving operational efficiency.GenAI is fast becoming central to value creation and competitiveness, making inaction a growing strategic risk, said Chaitanya Seth, Partner – Real Estate Practice, EY-Parthenon India. This is not about incremental digitisation; it is about rewiring the operating model, redefining customer experience and building brands that scale faster and sell smarter.The report estimates that GenAI could contribute US$14-17 billion to the sector's Gross Value Added over the next seven years, representing a three to four per cent uplift in real estate value. At the national level, the technology could add between US$359 billion and US$438 billion to India's GDP by 2030.The study also highlights benefits across the development lifecycle, including a 50 per cent reduction in deal evaluation time, 30-35 per cent faster land-closure processes and the ability to assess 2.5 times more transactions through automated feasibility modelling and financial scenario generation.Shekhar G Patel, President, CREDAI, said the next phase of growth in Indian real estate will be driven by intelligence, speed and better decision-making. He noted that GenAI has the potential to improve project execution, enhance customer experiences and help developers respond more effectively to evolving market requirements.The report identifies opportunities for GenAI across land acquisition, project planning, design, construction management, sales, marketing and post-sales services, positioning artificial intelligence as a key enabler of future growth and competitiveness in the sector.

Next Story
Products

Hafele Expands Loox Range with New LED Strip Lights

Häfele has expanded its Loox lighting portfolio with the launch of a new range of LED strip lights designed for residential interiors and furniture lighting applications.The latest addition to the Loox range is aimed at addressing growing demand for flexible, reliable and energy-efficient lighting solutions across homes. Suitable for applications such as kitchen cabinets, wardrobes, showcases, plinth lighting, ceiling installations and linear lighting concepts, the new LED strips combine functionality with design versatility.One of the key highlights of the range is the availability of strip ..

Next Story
Real Estate

Brigade Challenges Revocation of Chennai Project Clearance

Brigade Group has challenged the revocation of the Environmental Clearance (EC) granted to its Brigade Morgan Heights residential project in Perumbakkam, Chennai, describing the decision as "legally unsustainable" and asserting that all statutory approvals for the development had been duly obtained.The project, being developed through a Joint Development Agreement between Brigade Group and Morgan Asia Pvt Ltd, had secured approvals from the Environment Department, Chennai Metropolitan Development Authority (CMDA) and the Real Estate Regulatory Authority (RERA) in 2025. A Public Interest Litiga..

Next Story
Infrastructure Urban

India Warehousing Show to Host 15th Edition in Delhi

India Warehousing Show will host its 15th edition from 25 to 27 June 2026 at YashoBhoomi, Dwarka, New Delhi. Organised by RX India, the three-day event will bring together over 15,000 trade visitors and more than 300 national and international exhibitors across 20,000 sq m of exhibition space.The show has established itself as a key platform for India’s warehousing, logistics and supply chain ecosystem. It will bring together industry leaders, decision-makers, policymakers and investors focused on shaping the future of warehousing and supply chain infrastructure.The 2026 edition comes at a s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement