India’s Real Estate Market – A Dynamic Leap Towards 2025
New Delhi
26 Dec. 24
India’s real estate sector is evolving rapidly, poised to cement its position as a trillion-dollar market
by 2030. Riding on the wave of robust government policies, market innovations, and sustainability-
driven trends, the sector has transformed into a key pillar of the nation’s economic framework. The
past few years have witnessed remarkable strides in residential, commercial, and infrastructural
development, setting the stage for a landmark 2025.
“The past year has been pivotal for real estate,” says Vivek Sinha, Director of Sales and Marketing,
KDMG Group. “Advancements in technology, sustainability, and housing affordability have redefined
the sector, while hybrid work models are revolutionizing commercial spaces. Programs like Pradhan
Mantri Awas Yojana (PMAY) have democratized housing, making it accessible to a broader
demographic.”
Urban Giants and Emerging Hotspots
Urban centres such as Mumbai, Pune, Hyderabad, Delhi NCR—including Noida, Gurugram,
Ghaziabad, and Faridabad—continue to lead real estate demand. These cities blend economic
vibrancy with infrastructural growth, making them prime zones for both residential and commercial
development. Emerging areas like Manesar, currently under discussion to be declared a district, and
regions like New Gurugram and Dwarka Expressway, are rapidly transforming into real estate
hotspots.
“Urban infrastructure improvements in these regions have significantly enhanced connectivity,
making them magnets for investment,” highlights Vikas Aggarwal, COO of Worldwide Realty. “The
real estate values here are set to rise sharply as these areas integrate into the broader metropolitan
framework.”
Technology and Sustainability -The Twin Drivers
The real estate sector is increasingly embracing smart technologies and sustainable practices. Smart
homes with AI-driven features and eco-conscious construction are becoming industry benchmarks.
Simultaneously, the rise of co-working spaces and flexible office models reflects the sector’s
adaptability to evolving work trends.
“The future of real estate lies in blending sustainability with technology,” adds Aggarwal. “This dual
focus ensures resilience and aligns the sector with global standards while meeting domestic
demands.”
The Rise of Tier 2 and 3 Cities
As urbanization accelerates, Tier 2 and 3 cities are emerging as the next growth hubs for real estate.
Government initiatives like the Smart Cities Mission, AMRUT, and PMAY have funneled investments
into infrastructure, including roads, public transport, and regional airports. These enhancements
improve connectivity, making these cities more accessible and appealing to residents and investors
alike.
“Urban infrastructure is a key trend driving real estate in Tier 2 and 3 cities,” notes Mohit Mittal,
CEO of MORES. “These regions offer relatively affordable property prices, ongoing value
appreciation, and long-term capital gains, making them lucrative for both homebuyers and
investors.”
A recent report by PropEquity revealed an 11% rise in housing sales across the top 30 Tier 2 cities,
with nearly 2.08 lakh units sold in FY 2023-24. Consumer preferences are also shifting towards luxury
living, with premium amenities increasingly in demand.
A Landmark 2025
Looking ahead, India’s real estate sector is set to focus on enhancing urban infrastructure, leveraging
digital innovations, and scaling sustainable practices. With urbanization expected to reach 50% by
2050, Tier 2 and 3 cities will become the focal point of growth. The sector’s GDP contribution,
projected to rise from 7.3% to 13% by 2025, underscores its critical role in India’s economic
trajectory.
As India’s skylines transform, so does its real estate narrative—one of resilience, adaptability, and
promise. The coming years herald an exciting era for the sector, ensuring it remains the cornerstone
of the nation’s progress.