Urbanisation, policy support, and green growth are reshaping India’s property sector.

India’s Real Estate Boom Set to Create 100 Million Jobs by 2030

India’s real estate sector is on the verge of a significant expansion, with employment expected to reach nearly 100 million jobs by 2030, up from around 70 million currently, according to a joint report by KPMG and NAREDCO. The sector already supports a large workforce across construction, sales, design, and related industries. At the same time, each new project generates substantial demand for cement, steel, bricks, paint, glass, logistics, and professional services. The report estimates the current market size at ₹26.4 trillion, projecting a sharp increase to ₹288 trillion by 2030. Real estate’s contribution to India’s GDP is also expected to grow from about 7–8% in 2025 to 12–15% by 2047. According to Neeraj Bansal, rapid urbanisation—expected to reach nearly 900 million people by 2047—coupled with regulatory reforms, digital systems, and green building practices will drive demand for smarter infrastructure and long-term economic growth.