India’s Real Estate to Hit $10T by 2047 Amid Urban Boom

India’s real estate sector is on the brink of unprecedented growth, with projections suggesting a leap from $0.3 trillion today to $5-10 trillion by 2047. This surge positions real estate as a major driver of India’s economy, potentially contributing up to 20% of the GDP in the coming decades.

The growth story spans multiple segments. Residential properties are set to benefit the most from urbanisation and demographic shifts, particularly in affordable housing, senior living, and co-living spaces. Meanwhile, commercial and industrial segments are poised to expand, supported by infrastructure development, digitalisation, and green mandates. This will decentralise office hubs and manufacturing clusters across Tier II and III cities.

Technology is emerging as another growth catalyst. AI-driven solutions are expected to propel the development of data centres and smart city infrastructure, creating new opportunities for both investors and local communities.

The transformation is further supported by structural demand drivers such as rapid urbanisation, infrastructure augmentation, and sustainability priorities. Government-led reforms and policies are enhancing connectivity and land use efficiency, opening new growth corridors and economic hotspots across the country.

With these combined forces, India’s real estate market is evolving into a multi-trillion-dollar sector, attracting institutional capital, generating employment, and creating diversified opportunities across residential, commercial, industrial, and emerging alternative asset classes.