Gurugram, Nov 6
India’s real estate sector is at the cusp of a monumental and transformative journey and is projected to grow multifold levels—from nearly 0.3 trillion Dollars today to a staggering 5-10 trillion Dollars market by 2047, according to a Colliers-CII report released on Thursday.
This ongoing surge positions real estate as a cornerstone of India’s economic ascent, potentially contributing 14–20 per cent of the GDP by 2047, it added.
The report, titled "Real Estate @2047: Building India’s Future Growth Corridors", highlights near-term trends and the overarching growth theme across core segments—residential, office, retail, industrial & warehousing, as well as emerging alternative asset classes like senior living, co-living, and data centres.