The latest report by IMARC Group, titled “India Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the real estate market in India. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The India real estate market size reached US$ 256.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 780.6 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2023-2028.
Real estate comprises a range of properties, including buildings, vacant land, roads, structures, utility systems, and agricultural lands, such as farms, orchards, ranches, and timberland. It also consists of undeveloped property and housing structures like apartments, condominiums, townhouses, single-family homes, and other living arrangements. Besides this, it includes industrial, residential, and commercial properties, such as offices, parking lots, medical shops, hotels, shopping malls, individual stores, and industrial buildings. In recent years, the real estate sector in India is witnessing heavy investments as it offers high returns on investment (ROI) and lucrative tax benefits.
Request Free Sample Report: https://www.imarcgroup.com/india-real-estate-market/requestsample
India Real Estate Market Trends:
The India real estate market is primarily driven by the rising sales of residential properties owing to the expanding population, inflating consumer purchasing power, and elevating urbanization levels. Apart from this, the surging demand for modern office spaces coupled with the emerging trend of urban and semi-urban lodging is creating a favorable outlook for the market. In addition, the Government of India (GOI) is taking supportive initiatives to promote development in the real estate sector, such as the introduction of the smart city project, service tax exemption, interest subsidy on home loans for buyers, and Dividend Distribution Tax (DDT) exemption.
Along with this, due to rapid growth in the e-commerce and telecommunication industries, the escalating need for warehousing and storage facilities and resilient data center infrastructure is contributing to the market growth. Furthermore, the increasing penetration of 5G technology and data localization norms, emerging trends of nuclear families, easy availability of housing loans, and rising construction and renovation activities are other factors propelling the market growth.
Competitive Landscape:
By IMARC group the report has also analyzed the competitive landscape of the market with some of the top Indian real estate companies being
Some of these key players include:
Brigade Enterprises Limited
DLF Limited
Experion Developers Private Limited
Godrej Properties Limited (Godrej Industries Limited)
Jaypee Infratech Ltd. (Jaiprakash Associates Limited)
Lodha Group
Merlin Group
Oberoi Realty Limited
PNC Infratech Limited
Prestige Estates Projects Limited
SOBHA Limited
Sunteck Realty Limited
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/india-real-estate-market
Key Market Segmentation:
Breakup by Property:
Residential
Commercial
Industrial
Land
Breakup by Business:
Sales
Rental
Breakup by Mode:
Online
Offline
Breakup by Region:
North India
West and Central India
South India
East India
Key highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800