India’s real estate market is projected to grow from USD 482 billion in 2024 to USD 1,184 billion by 2033, expanding at a CAGR of 10.5%, according to IMARC Group.

Driven by rapid urbanization, demand in Tier 2 and 3 cities, smart and sustainable housing, and infrastructure investments, the sector shows robust potential. Residential real estate dominates with a 78.8% share, followed by commercial and industrial segments. Sales remain the key business model, while offline channels account for 84.2% of transactions. West and Central India lead regionally. Government initiatives like RERA, REITs, and metro expansions, combined with growing FDI and proptech, are accelerating growth. Key players include DLF, Godrej Properties, Prestige Estates, and Oberoi Realty. The rise of co-working, smart cities, and warehousing also contributes. IMARC’s report offers deep market insights, forecasts, and strategic data to support stakeholders in leveraging emerging opportunities across India’s evolving real estate landscape.