What is the future of residential real estate in India?

Future of Residential Real Estate in India

The future of Indian residential real estate looks promising due to socio-economic growth, policy reforms, and technology advancements:

• Urban Population Surge – By 2047, over 40% of India’s population will reside in cities, increasing housing and infrastructure demand.
• Mid-Segment & Affordable Housing – Homes under ₹1 crore remain in demand, with developers benefiting from PMAY incentives.
• Luxury Market Growth – Rising HNWIs are fueling demand for ultra-luxury homes in Mumbai, Delhi-NCR, and Bangalore.
• Technology & PropTech – AI, AR/VR property tours, and PropTech platforms like Magicbricks are transforming home buying.
• Sustainability & Green Buildings – Developers prioritize eco-friendly materials, energy efficiency, and smart homes.

This sector is expected to grow at a 10%+ CAGR, making residential real estate a stable long-term investment option.