Business Blog: India's real estate sector to grow multifold to about $6 trillion by 2047: Report

Sunday, August 27, 2023

India's real estate sector to grow multifold to about $6 trillion by 2047: Report

The report released by real estate consultant Knight Frank India in association with the National Real Estate Development Council (NAREDCO) stated this estimated real estate output value will contribute 15.5 per cent to the total economic output in 2047 from existing 7.3 per cent. Private equity investments in the Indian real estate sector have consistently grown over the past two decades.

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