Indian Realty Market To Touch $1 Trillion By 2030

According to the survey conducted by KPMG in association withe Naredco and APREA revealed that the sector is estimated to grow to USD 650 billion by 2025 and surpass USD 850 billion by 2028 to touch USD 1 trillion by 2030.

The report released noted that India has consistently improved its ranking in global real estate since 2014, which has instilled confidence in investors. There is underutilisation of over `20 billion worth of real estate investment trust (REIT) office stocks offering a potential rental yield of up to 7.5 per cent.

According to the report the private equity investments in Indian real estate improved 15 per cent year-on-year in January-March 2018 reaching USD 3 billion and is estimated to grow to USD 100 billion by 2026 with tier 1 and 2 cities benefiting the most in future.