Advantages of Investing in Indian Real Estate

The real estate sector in India is the second largest employer after the agriculture sector. India’s real estate industry is predicted to grow from US$ 200 billion in 2021 to US$ 1 trillion in 2030. It will make up 13% of the nation’s GDP by 2025 .

The development of nuclear families, increased urbanisation, and rising family income are projected to continue to be the fundamental forces behind the expansion in all real estate sectors, including residential, commercial, and retail. Due to its high return on investment (ROI) value, the Indian real estate market is flourishing and has been included in several successful investment portfolios. A report indicates that 77% of the average Indian household’s assets are made up of real estate.

In comparison to the previous ten years, the first half of the financial year 2022–23 had the biggest sales in India’s top 7 prime residential marketplaces, according to an industry report. The government’s supportive affordable housing programmes and rising homeownership awareness have caused the affordable housing market to expand significantly.

People’s realisation of the advantages of homeownership when compared to renting has contributed to the segment’s sustained expansion. The industry has experienced significant expansion as a result of rising earning potential, a demand for a higher quality of living, a growing base of aspirational customers, and their changing lifestyles.