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.

Maharashtra’s Property Market Eyes Major Reforms With Formation of the New Government

As the Mahayuti alliance prepares to form the new government in Maharashtra, the real estate sector is anticipating major reforms aimed at reshaping the industry. Key industry leaders are calling for streamlined project approvals, improved infrastructure connectivity, and policies supporting affordable housing and luxury developments. These reforms are expected to drive economic growth, foster sustainable urban development, and position Maharashtra as a leading investment hub on the global real estate map.

Will BJP’s Continued Rule Accelerate Slum Redevelopment in Mumbai?

With the BJP-led government re-elected in Maharashtra, industry leaders are optimistic that the continuity in leadership will accelerate Mumbai’s slum redevelopment projects. The focus on modernizing infrastructure and addressing the housing shortage is expected to drive significant economic growth and improve the city’s livability.

Real Estate Industry Optimistic About Maharashtra’s Future Under Mahayuti Government

Following the historic victory of the Mahayuti alliance in Maharashtra’s recent elections, the real estate industry is optimistic about the future. CREDAI-MCHI President Domnic Romell shares his hopes for continued growth in the Mumbai Metropolitan Region, focusing on affordable housing, infrastructure development, and streamlined policies that will support the state’s economic progress.

APAC Investor Optimism to Drive Institutional Investments in Indian Real Estate in 2025

According to Colliers’ 2025 Global Investor Outlook, India is set to attract heightened institutional investments in real estate, driven by strong domestic growth and rising APAC investor optimism. The report forecasts significant opportunities in office, industrial, and residential sectors, with investment volumes in these areas expected to continue rising in 2025.