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What is residential real estate in India?

Residential real estate in India refers to housing properties developed for individuals and families rather than commercial use. It includes apartments, villas, townships, and gated communities.

The sector is growing due to rapid urbanization, rising disposable incomes, and government incentives like Pradhan Mantri Awas Yojana (PMAY), which promotes affordable housing.

Key Residential Property Types:

  • Affordable Housing – Government-supported projects for low-income groups.
  • Mid-Segment Housing – Apartments for middle-income buyers in metro cities.
  • Luxury & Ultra-Luxury Housing – High-end properties with premium amenities.
  • Senior Living Homes – Specialized housing for retirees, offering medical and social facilities.

With smart city projects, better infrastructure, and RERA regulations, India’s residential real estate sector continues to evolve and expand.

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