India Real Estate Market Insights 2030: From Residential Boom to Commercial Expansion

Market Overview

According to the TechSci Research report, “India Real Estate Market – By Region, Competition, Forecast and Opportunities, 2020-2030F,” the Indian real estate market was valued at USD 263 Billion in 2024 and is projected to reach USD 404 Billion by 2030, growing at a CAGR of 7.27% during the forecast period. This growth trajectory reflects the sector's resilience and its pivotal role in India’s economic transformation.

As India continues to urbanize at an unprecedented pace, real estate has emerged as one of the country’s most promising and dynamic industries. Supported by favorable government policies, a growing middle class, expanding infrastructure, and increased foreign investments, the sector is witnessing rapid expansion across both residential and commercial segments.

Urbanization: A Key Growth Catalyst

India’s massive population, which exceeds 1.4 billion, is experiencing a significant rural-to-urban shift. In search of better job prospects, healthcare, education, and quality of life, more people are migrating to cities. The urban population is expected to reach 600 million by 2030, creating strong demand for both residential and commercial real estate.

This shift is particularly noticeable in metropolitan cities such as Mumbai, Delhi, Bengaluru, and Hyderabad, which have seen rapid real estate development. However, Tier 2 and Tier 3 cities are not far behind. Cities like Lucknow, Indore, Kochi, and Surat are seeing significant infrastructure development and real estate investments, largely driven by initiatives like the Smart Cities Mission and improved transportation connectivity.

With more people settling in urban areas, there is an increased need for:

Affordable and luxury housing options
Commercial office spaces
Co-living accommodations
Retail and entertainment hubs
Integrated townships

Additionally, the rise in disposable income and changing lifestyle preferences are fueling demand for luxury homes, gated communities, and smart homes. Developers are now focusing on innovative housing formats to meet the expectations of the modern Indian homebuyer.

Browse over XX Market data Figures spread through XX Pages and an in-depth TOC on " India Real Estate Market.” - https://www.techsciresearch.com/report/india-real-estate-market/15664.html

Rising Demand Fuels Residential Sales

Residential Sales Dominate the Market

In 2024, the Sales category held the largest market share in the Indian real estate market. Several factors are contributing to this dominance:

Increasing urban population with a strong aspiration for homeownership.
Government-backed initiatives such as Pradhan Mantri Awas Yojana (PMAY) are making homes more affordable.
Low home loan interest rates, encouraging first-time buyers to invest.
Attractive offers by developers, including flexible payment options, early-bird discounts, and zero EMI schemes.

Owning a home continues to be a top financial goal for Indian families, seen both as a basic need and a stable long-term investment. Amid limited high-return investment options, real estate offers a combination of capital appreciation, rental yield, and tax benefits.

Commercial Real Estate on the Rise

Office Space Demand & Co-working Boom

The rise in office space development, particularly in IT parks, SEZs, and co-working hubs, is another factor driving real estate sales. As Indian cities become global outsourcing centers, multinational companies and start-ups are establishing operations in business districts.

Major urban hubs such as Bengaluru, Pune, Hyderabad, and Gurugram are seeing increasing demand for commercial properties. Furthermore, hybrid work models have led to the proliferation of flexible co-working spaces, making them attractive investment assets.

Businesses increasingly prefer to buy commercial spaces in prime areas to hedge against rising lease costs and secure long-term benefits.

Regional Insights: North India Leads the Growth Trajectory

Key Cities in North India Driving Market Expansion

Among the various regions, North India stands out as one of the fastest-growing areas in the real estate landscape. The region comprises high-potential cities such as:

Delhi NCR (Delhi, Gurugram, Noida, Ghaziabad, Faridabad)
Chandigarh
Jaipur
Lucknow

These cities are seeing large-scale development in residential, commercial, and industrial segments. The National Capital Region (NCR) has evolved into a thriving hub for real estate, largely fueled by its expanding corporate ecosystem and excellent connectivity.

Infrastructure Development as a Growth Enabler

The government’s emphasis on infrastructure development—including expressways, metro lines, industrial corridors, and international airports—is a game changer for North India. Projects such as the Delhi-Mumbai Industrial Corridor (DMIC) and Eastern & Western Peripheral Expressways are opening new frontiers for real estate developers.

Improved connectivity has made satellite towns like Noida Extension, Sohna, and Greater Faridabad popular residential hotspots. Industrial hubs in Haryana, Uttar Pradesh, and Rajasthan are further bolstering real estate demand in the region by attracting manufacturing, logistics, and IT industries.

Segments –

India Real Estate Market, By Property Type:

o Residential

o Commercial

o Land

o Others

India Real Estate Market, By Business:

o Sales

o Rental

o Lease

India Real Estate Market, By Mode:

o Online

o Offline

India Real Estate Market, By Region:

Top Leading Players-

Godrej Properties Limited
Oberoi Realty Limited
Sobha Limited
Tata Housing Development Company Limited
Mahindra Lifespace Developers Limited
Brigade Enterprises Limited
Hiranandani
Puravankara Limited

Why You Should Check Out This Report

If you're an investor, real estate developer, policy planner, or market researcher, this in-depth report is packed with valuable insights. Here's why it's worth your attention:

Comprehensive Market Forecast

Understand the market size, CAGR, and trends from 2020 through 2030 to make informed investment decisions.

Segment-Level Analysis

Detailed insights on residential vs. commercial performance, buyer behavior, investment patterns, and sub-sector growth.

Regional Breakdowns

Know which regions are hotbeds for real estate activity and what’s driving regional growth, from Delhi to Bengaluru.

Policy & Regulation Insights

Impact assessment of government initiatives like RERA, PMAY, and Smart Cities on market dynamics.

Investment Opportunities

Explore which real estate segments offer the best ROI—be it co-living, affordable housing, or commercial properties.

Competitive Landscape

Profiles of top players in the Indian real estate market including their strategies, project pipelines, and market positioning.

Emerging Trends

Stay ahead of the curve with updates on green buildings, smart homes, PropTech, and co-working business models.

Browse the Complete Report

Get access to comprehensive market intelligence with 185+ pages, accompanied by an in-depth Table of Contents (TOC). This report offers a 360-degree view of India’s real estate sector, ideal for strategic planning, market entry, or portfolio expansion. - https://www.techsciresearch.com/sample-report.aspx?cid=15664

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