🚀India’s Real Estate Market to Hit $5–10 Trillion by 2047
India’s real estate sector is entering its golden era. A new report by CREDAI and Colliers, unveiled at the 23rd edition of CREDAI NATCON 2025 in Singapore, paints a promising picture. By 2047, the industry is expected to become a $5–10 trillion powerhouse, contributing almost 20% of India’s GDP.
This growth will not just be about bigger numbers. It will reshape cities, homes, and lifestyles across the country. Let’s break down the highlights.
🏢 Grade A Offices, Industrial & Warehousing to Cross 2 Billion Sq. Ft.
India’s economy thrives on strong infrastructure, and real estate plays a central role. According to the report, Grade A office, industrial, and warehousing stock will exceed 2 billion sq. ft. by 2047.
This expansion reflects rising demand from global companies setting up operations in India. With the country emerging as a tech and manufacturing hub, office and industrial spaces will see rapid absorption.
🏠 Housing Sales to Double by 2047
The demand for homes in India shows no signs of slowing down. Annual housing sales could double to 1 million units by 2047.
Supportive policies, growing incomes, and aspirations for better living will fuel this surge. Not just metros, but Tier II and Tier III cities will also become prime destinations.
📈 REITs to Capture 50% Market Share
One of the most exciting shifts is happening in the REIT (Real Estate Investment Trust) segment. Currently, REITs hold about 10% of market capitalization. By 2047, this share is expected to soar to 40–50%.
The office REIT market will stay dominant. Penetration could rise from 16% in 2025 to 60% in 2047, making real estate investment more accessible to individuals and institutions alike.
🌆 Urban Growth Beyond Metros
India is urbanizing faster than ever. By 2050, nearly 900 million people (53% of the population) will live in cities. This growth cannot be handled by metros alone.
Therefore, Tier II and Tier III cities will emerge as focal growth centers. New corridors and smart townships will take shape, spreading opportunities across the country.
🌍 Sustainability and Green Growth
Real estate is no longer about just building structures. The focus is shifting to climate-resilient cities, eco-friendly buildings, and sustainable growth.
At NATCON 2025, Credai Pune signed an MoU with Singapore’s BCA International to promote green building practices in India. This partnership will help create homes and offices that are not only modern but also energy-efficient and environmentally responsible.
💰 Real Estate Investment Momentum
Over the past 15 years, Indian real estate attracted nearly $80 billion in institutional investments, with 57% coming from foreign players. Interestingly, domestic capital has been rising after the pandemic, showing stronger local confidence in the sector.
Looking ahead, more than $2 trillion in infrastructure investments will be required by 2050 to meet India’s urban needs. This scale of investment highlights how crucial real estate is to India’s future growth story.
🗣 Voices from Real estate Industry Leaders
Sanjeev Singh, MD of SKJ Landbase, noted the broader impact of the CREDAI-Colliers findings. He said, “The real estate sector’s journey toward a $5–10 trillion market by 2047 reflects India’s economic resilience and rising aspirations. This growth is not limited to housing or offices alone—it extends to the way cities will expand, infrastructure will modernize, and sustainability will be embraced. The report gives us a clear message: real estate will define how India lives, works, and grows in the decades ahead.”
Shekhar Patel, President, CREDAI, stated that real estate will define India’s urban future. He emphasized the sector’s role in creating affordable yet aspirational homes and inclusive growth.
🌟 Conclusion: Building the India of Tomorrow
India’s real estate sector is not just growing—it is transforming. From trillion-dollar valuations to sustainable living, the future looks brighter than ever.
By 2047, the sector will be at the heart of India’s journey to becoming a $30 trillion economy, proving that growth, sustainability, and inclusivity can go hand in hand.
