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
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