Indian Real Estate Sector Poised to Cross $4.8 Trillion by 2047, PropTech to Reach $600 Billion, Says CREDAI-EY Report
India’s real estate sector is projected to exceed $4.8 trillion by 2047, contributing 18% to the country’s GDP. PropTech, driven by innovations like AI and IoT, is set to grow significantly, reaching a $600 billion market size. Strategic reforms and policy changes are key to unlocking the sector’s full potential.