According to the latest report by IMARC Group, titled “India Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the real estate market in india. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The India real estate market is expected to exhibit a growth rate (CAGR) of 9.2% during 2023-2028. Real estate refers to property consisting of land, buildings, and natural resources that are immovable and can be owned or rented. It is a major component of the economy and involves buying, selling, leasing, or renting properties. The real estate industry includes many professionals, such as agents, brokers, appraisers, property managers, and developers. They work with clients to find suitable properties, negotiate deals, manage properties, and develop new projects. The real estate market is affected by various factors, such as economic conditions, interest rates, demographic trends, and government policies. Real estate investments can take many forms, such as residential, commercial, industrial, or agricultural properties, and can provide long-term financial returns.
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India Real Estate Market Trends:
The market in India is primarily driven by the rapidly growing population. In line with this, the increasing demand for homes, apartments, and commercial properties, especially among the large and expanding middle-class individuals, is significantly contributing to the market growth. Furthermore, the country's strong economic growth is boosting investment in real estate, particularly in commercial properties.
Apart from this, the Indian government has implemented policies to support the growth of the real estate sector, such as the Real Estate (Regulation and Development) Act and the Smart Cities Mission. This, in turn, is creating a positive outlook for the market. Moreover, the heavy investment in infrastructure, such as highways, airports, and metro systems, is positively influencing market expansion. Additionally, the escalating demand for affordable housing is driving growth in the real estate market, particularly in Tier 2 and Tier 3 cities.
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Key Market Segmentation:
Breakup by Property:
Breakup by Business:
Breakup by Mode:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Breakup by Region:
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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