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
CCI Approves Acquisition of WeWork India by Real Trustee and Embassy Buildcon
The Competition Commission of India (CCI) has approved the acquisition of certain share capital of WeWork India by Real Trustee and Embassy Buildcon, marking a significant development in the Indian real estate market.
Tragic Accident Claims Life of Mumbai-based Influencer Aanvi Kamdar
Aanvi Kamdar, a Mumbai-based influencer, died after falling into a 300-feet deep gorge near Kumbhe waterfall while making a video for her social media followers.
Bengaluru Dominates Large Office Space Leasing in India, Transactions Reach 4.5 Mn Sq Ft in H1 2024
Bengaluru leads the way in large office space leasing, with transactions touching 4.5 million sq ft in the first half of 2024. The city accounted for 53% of the total commercial transaction volumes in the top eight cities in India.
DLF Q2 Results: Profit Surges 128% to Rs 1381 Crore, Revenue Climbs 48%
DLF, India's leading real estate developer, has announced its Q2 results, showcasing a significant jump in both profit and revenue. The company's strong performance underscores its market leadership and robust business strategy.
The Astonishing Price of an Apartment in Dubai’s Burj Khalifa
Dubai, in the 21st century, stands as a testament to luxury and opulence. Mumbai-based real estate influencer Ravi Kewalramani, known for his extensive knowledge of premium properties, recently shared insights into the price of an apartment in the world's
Real Estate Boom: Pune, Kolkata, and Chennai Lead in Rental Appreciation
In the rapidly evolving real estate market, Pune, Kolkata, and Chennai are witnessing a unique trend where rental values are appreciating more than capital values, offering new opportunities for investors and tenants alike.