The year 2021 registered maximum investment in the real estate sector in India. Almost 50% of the country’s population is anticipated to be living in the cities by 2046, as per a UN report. It is expected to be a market of Eur 895 billion (app.), up from Eur 179 billion (app.) in 2021.
India is among the top 10 housing markets internationally.
The recent budget has allocated spending of Eur 5.7 billion and the construction of 8 million affordable homes. It also focuses on transparency and reduction of time in construction-related approvals in the realty sector.
Indian real estate will likely attract a considerable amount of FDI in the next two years with Eur 7.1 billion capital infusion by FY22.