Residential Real Estate Market In India Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Indian Residential Real Estate Market Report is Segmented by Type (Condominiums and Apartments, Villas, and Landed Houses). The Report Offers Market Size and Forecasts in Values (USD) for all the Above Segments.

Residential Real Estate Market In India Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

India Residential Real Estate Market Size

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India Residential Real Estate Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 283.55 Billion
Market Size (2030) USD 857.40 Billion
CAGR (2025 - 2030) 24.77 %
Market Concentration Low

Major Players

India Residential Real Estate Market  Major Players

*Disclaimer: Major Players sorted in no particular order

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India Residential Real Estate Market Analysis

The India Residential Real Estate Market size is estimated at USD 283.55 billion in 2025, and is expected to reach USD 857.40 billion by 2030, at a CAGR of 24.77% during the forecast period (2025-2030).

  • There is a massive demand for affordable housing in many parts of the country, propelled by rapid urbanization. There is also a significant increase in demand for luxury and big housing spaces due to the need for better lifestyles.
  • One of India's most powerful economic foundations is real estate. Rapid urbanization, changing consumer behavior, regulatory reforms, and the pandemic's impact drive this pillar's evolution. The real estate industry has begun to recover after the pandemic. The year 2021 marked a significant turning point in India's residential real estate market. It was anticipated that the robust growth in the housing market would persist throughout 2022-2023, with sales projected to return to pre-pandemic levels.
  • Implementing initiatives that generate demand and encourage people to buy real estate propels the market forward. Ready-to-move-in apartments have been in high demand among buyers in the residential category. In these circumstances, however, educating customers better and managing expectations is critical. The trends that have been observed are revolutionary. In India, the real estate industry is undergoing a technological transformation. Throughout the industry, several cutting-edge strategies and solutions are being implemented. The market's growth trajectory has accelerated due to these new developments.
  • One of the most well-known developments in home automation exemplifies an excellent combination of technology and real estate. These venues have a huge potential to attract diverse investment opportunities and forward-thinking individuals. Due to long wait times and increasing project failures, under-construction properties gradually lose their allure. As a result, ready-to-move-in homes are gaining popularity. To align with this viewpoint, many builders have adopted the business strategy of building first and selling later. This popular European and American home concept makes inroads into India's real estate market.
  • With the requirement that Real Estate Investment Trusts (REITs) have 80% of their underlying assets operational and income-generating, such properties have become a more viable investment option than traditional options. It is a low-risk method of diversifying one's investment portfolio. Even though the pandemic has strained rental cash flow, a strong and upward-trending long-term picture is anticipated. Property ownership is becoming more popular. Although this has aided in the formation of positive consumer sentiment toward residential real estate, the government's and banking industry's support got things going. The convergence of these two elements improved demand and supply metrics. After spending a significant amount of time working indoors, many homeowners have realized the importance of larger homes.

India Residential Real Estate Industry Overview

The Indian residential real estate market is highly fragmented, with many local and regional players and a few global players. Some major players are Godrej Properties, Prestige Estate, DLF, Phoenix Mills, L&T Realty Ltd, and Omaxe Ltd. The top listed developers' share of the Indian residential market is predicted to rise to 29% in FY24 from 25% in FY21, owing to a robust pipeline of residential project launches. Large firms have financial resources to their advantage, whereas small businesses can compete effectively by building expertise in local markets.

India Residential Real Estate Market Leaders

  1. Godrej Properties

  2. Prestige Estate

  3. DLF

  4. Phoenix Mills

  5. L&T Realty Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
India Residential Real Estate Market Concentration
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India Residential Real Estate Market News

  • December 2023: Ashwin Sheth Group planned to expand its residential and commercial portfolio in the MMR region.
  • November 2023: Tata Realty and Infrastructure, a wholly-owned subsidiary of Tata Sons, planned to grow its business with over 50 projects in major cities in India, Sri Lanka, and the Maldives. The projects have a development potential of more than 51 million square feet.

Residential Real Estate in India Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

  • 2.1 Analysis Methodology
  • 2.2 Research Phases

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS AND DYNAMICS

  • 4.1 Current Market Scenario
  • 4.2 Residential Real Estate Buying Trends - Socioeconomic and Demographic Insights
  • 4.3 Government Initiatives and Regulatory Aspects Pertaining to the Residential Real Estate Sector
  • 4.4 Insights into Size of Real Estate Lending and Loan to Value Trends
  • 4.5 Insights into Interest Rate Regime for General Economy and Real Estate Lending
  • 4.6 Insights into Rental Yields in Residential Real Estate Segment
  • 4.7 Insights into Capital Market Penetration and REIT Presence in Residential Real Estate
  • 4.8 Insights into Affordable Housing Support Provided by Government and Public-private Partnerships
  • 4.9 Insights into Real Estate Tech and Startups Active in Real Estate Segment (Broking, Social Media, Facility Management, Property Management)
  • 4.10 Impact of COVID-19 on the Market
  • 4.11 Market Dynamics
    • 4.11.1 Drivers
    • 4.11.1.1 Rapid urbanization
    • 4.11.1.2 Government initiatives
    • 4.11.2 Restraints
    • 4.11.2.1 High property prices
    • 4.11.2.2 Regulatory challenges
    • 4.11.3 Opportunities
    • 4.11.3.1 Smart cities development
    • 4.11.3.2 Co-living spaces
  • 4.12 Porter's Five Forces Analysis
    • 4.12.1 Bargaining Power of Suppliers
    • 4.12.2 Bargaining Power of Consumers/Buyers
    • 4.12.3 Threat of New Entrants
    • 4.12.4 Threat of Substitute Products
    • 4.12.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Condominiums and Apartments
    • 5.1.2 Villas and Landed House

6. COMPETITIVE LANDSCAPE

  • 6.1 Overview (Market Concentration and Major Players)
  • 6.2 Company Profiles
    • 6.2.1 Godrej Properties
    • 6.2.2 Prestige Estate
    • 6.2.3 DLF
    • 6.2.4 Phoenix Mills
    • 6.2.5 L&T Realty Ltd
    • 6.2.6 Omaxe Ltd
    • 6.2.7 Ansal Properties and Infrastructure Ltd
    • 6.2.8 Sobha Ltd
    • 6.2.9 Oberoi Realty
    • 6.2.10 Dlip Buildcon
    • 6.2.11 NBCC (India)
    • 6.2.12 Indiabulls Real Estate
    • 6.2.13 Sunteck Realty
    • 6.2.14 Brigade Enterprises*
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. APPENDIX

  • 8.1 Macroeconomic Indicators (GDP Breakdown by Sector, Contribution of Construction to Economy, etc.)
  • 8.2 Key Production, Consumption, Export & Import Statistics of Construction Materials
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India Residential Real Estate Industry Segmentation

Residential real estate is an area developed for people to live in. As local zoning ordinances define, residential real estate cannot be used for commercial or industrial purposes. A complete background analysis of the Indian residential real estate market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, is included in the report.

The Indian residential real estate market is segmented by type (condominiums and apartments, villas, and landed houses). The report offers market size and forecasts in values (USD) for all the above segments.

By Type Condominiums and Apartments
Villas and Landed House
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Residential Real Estate in India Market Research FAQs

How big is the India Residential Real Estate Market?

The India Residential Real Estate Market size is expected to reach USD 283.55 billion in 2025 and grow at a CAGR of 24.77% to reach USD 857.40 billion by 2030.

What is the current India Residential Real Estate Market size?

In 2025, the India Residential Real Estate Market size is expected to reach USD 283.55 billion.

Who are the key players in India Residential Real Estate Market?

Godrej Properties, Prestige Estate, DLF, Phoenix Mills and L&T Realty Ltd. are the major companies operating in the India Residential Real Estate Market.

What years does this India Residential Real Estate Market cover, and what was the market size in 2024?

In 2024, the India Residential Real Estate Market size was estimated at USD 213.31 billion. The report covers the India Residential Real Estate Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Residential Real Estate Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Residential Real Estate in India Industry Report

Statistics for the 2025 India Residential Real Estate market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Residential Real Estate analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.