India Poised to Overtake China as Asia's Real Estate Capital
India's real estate sector is booming, with companies worth $36 billion in 2024, making it the fastest-growing market in Asia, surpassing China.
Real EstateIndiaAsiaHurun ReportGroheReal EstateJul 11, 2024
In contrast, China's real estate market is facing significant headwinds due to government clampdowns and demand slowdown. The country's market struggles with excess supply, high debt levels among property developers, and strict government regulations, making India's real estate sector a more attractive and stable investment destination.
According to Anas Rahman Junaid, Founder and Chief Researcher, Hurun India, \
Frequently Asked Questions
What is the current market value of India's real estate sector?
$36 billion in 2024
What is driving the growth of India's real estate sector?
Young population, increasing urbanization, and growing middle class
How does India's real estate market compare to China's?
India's market is growing faster than China's, which is facing headwinds due to government clampdowns and demand slowdown
What is the projected growth rate of residential sales in FY 2024-25?
10-12 per cent
Which company has emerged as the top real estate company in India?
DLF, with a valuation of more than Rs 2 lakh crore
Related News Articles
Hyderabad's Infrastructure and Real Estate Sector Get a Boost in Union Budget 2024-2025
The Union Budget 2024-2025 is expected to have a positive impact on Hyderabad's infrastructure and real estate sector, with significant investments in capital expenditure and infrastructure projects.
Transforming India's Realty Landscape: The Blockchain Revolution
Blockchain technology is transforming the real estate sector in India by introducing transparency, security, and efficiency in property transactions.
Mumbai's BKC Police Nab Real Estate Agent in ₹100 Crore Scam Affecting 25 Individuals
A real estate company named 'Quick Deals' in Maharashtra is at the center of a massive scam, with the BKC police arresting an agent for defrauding 25 people of ₹100 crore.
Super Human Race and CREDAI Maharashtra Collaborate on Emissions Inventory for Real Estate
Super Human Race and CREDAI Maharashtra leaders signed an MoU in Mahabalipuram, aiming to drive sustainability in India's real estate sector by launching an emissions inventory.
ED Summons Actor Mahesh Babu for Money Laundering Probe
The Enforcement Directorate (ED) has summoned actor Mahesh Babu to appear on April 27 in connection with a money laundering investigation into Hyderabad-based real estate firms. The probe centers around alleged financial irregularities and fraudulent practices.
Pune: 36 Unauthorized Bungalows in River Villa to Face Demolition
The Pimpri Chinchwad Municipal Corporation (PCMC) is set to demolish 36 unauthorized bungalows in the River Villa project near the Indrayani river, following the Bombay High Court's rejection of an interim plea.