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Indian Real Estate Sector

Overview of Indian real estate sector

real estate in india

Overview

  • About 10 million people migrate to cities every year.

  • About 35% of the population in India is young, in the 15-35 years age group.

  • Growing population, aspirations, standard of living and economy driving demand.

  • Urban population currently 32.7% is expected to rise to 40% by 2030.

  • Residential sector contributes to 80% of the realty sector.

  • Easy availability of Bank finance & rise of nuclear families leading to growing demand.

  • Realty is the 4th largest sector in FDI inflows.

Some Opportunities

  • Huge demand in affordable and medium price range of properties.

  • 60 million houses (20 million urban & 40 million rural) need to be built under housing for all scheme.

  • Need for townships to take care of the elderly.

  • Government plans to build 100 Smart Cities to control migration of people to larger citites.

  • Big opportunity in upcoming satellite areas of cities.

News

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