India’s Real Estate Industry Set for $10 Trillion Milestone by 2047: CREDAI Report

India’s real estate industry is on track to achieve a monumental milestone, with a new report from CREDAI and Colliers projecting the sector will reach a staggering $10 trillion in value by 2047. This dramatic rise will see real estate’s share of national GDP climb from the current 8% to an estimated 20%, cementing its vital role in India’s broader economic landscape as the country eyes a $35-40 trillion economy in its centenary year.

Expanding Economic Impact
According to the landmark study, “Indian Real Estate: Fostering Equity and Fuelling Economic Growth,” the sector contributed around $0.3 trillion to India’s economy in 2025. Over the coming two decades, this figure is expected to rise substantially as the nation experiences accelerated urbanization, aggressive infrastructure expansion, and continued demand a for affordable homes. The CREDAI report estimates that this trajectory will see real estate generate between $5 trillion and $10 trillion in economic value, underlining its status as a cornerstone of India’s development.

Catalysts for Growth
India’s dynamic urbanization is spawning new opportunities for both residential and commercial real estate, while massive investments in transit, industrial parks, and smart cities are providing the infrastructure backbone to support further growth. A burgeoning middle class and the ongoing push for affordable housing are strengthening demand, while evolving consumer preferences call for flexible, modern living spaces.

The sector’s resilience is evident from its robust investment record: real estate attracted over $80 billion in capital in the past 15 years, with nearly 57% coming from overseas investors. Following the pandemic, domestic investment has surged as well, reflecting growing confidence in the sector’s long-term prospects.

Vision for 2047
Looking ahead, real estate will continue to be a powerful engine of employment, urban revitalization, and economic value creation on a historic scale. As highlighted in the CREDAI-Colliers report, the sector’s evolution will power India toward its ambitious goals, shaping cities, communities, and economic opportunities through 2047 and beyond.