India’s Real Estate Renaissance
1. Market Expansion & Economic Weight Massive market size and forecasted growth In 2024, India's real estate market was valued at around USD 482 billion, projected to more than double to USD 1,184 billion by 2033, implying a robust 10.5 % CAGR IMARC Group . Further ahead, estimates place the sector at US $1 trillion by 2030, ultimately ballooning to US $5.8 trillion by 2047, boosting its GDP contribution from ~7 % to 15.5 % IBEF +1 . Economic engine & employment generator The construction & real estate sector currently accounts for around 18 % of India’s GDP, with a decade-long ~11 % CAGR, employing about 71 million people, expected to surpass 100 million by 2030 Wikipedia . In FY 2024–25, construction’s real gross value added (GVA) grew by 9.4 % YoY, marking its significance to economic activity Wikipedia . 2. Residential Resurgence & Urban Revival Surveys point to renewed momentum In July 2025, residential sales hit a 15-year high, led esp...