By 2047, India's real estate market will double to 15.5 pc of GDP from 7.3 pc now
New Delhi [India], February 8 (ANI): India's real estate sector is poised for massive expansion, projected to grow to USD 5.8 trillion by 2047, contributing 15.5 per cent to the country's GDP, up from the current 7.3 per cent, according to CIRIL report.
By 2030, the market size is expected to reach USD 1 trillion, a sharp rise from USD 200 billion in 2021. The retail, hospitality, and commercial real estate segments are a