Indian Real Estate Sector Embraces Technology for Enhanced Efficiency and Growth
India’s real estate sector is undergoing a significant operational transition as developers, investors, and service providers increasingly adopt digital technologies to improve efficiency, compliance, and transparency across the property value chain, according to a joint report released by FICCI and KPMG.
The report, titled 'Reimagining India’s Real Estate Landscape – The Role of Technology in Value Chain Transformation,' was unveiled during a real estate summit organised by FICCI in New Delhi. It stated that the sector, traditionally characterised by fragmented workflows and paper-based processes, is steadily moving towards integrated digital systems and data-led decision-making.
According to the report, India’s real estate market is currently valued at approximately USD 650 billion and is projected to expand to nearly USD 5.8 trillion by 2047. The report further noted that more than USD 16 billion has already been unlocked through Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), indicating a gradual shift towards institutionally managed and transparent real estate platforms.
FICCI and KPMG stated that technology is increasingly becoming the core operating layer supporting multiple stages of the real estate lifecycle, including site selection, project design, construction execution, sales, customer engagement, and asset management.
The report identified several factors driving technology adoption across the sector. These include growing pressure to improve cost efficiency, heightened regulatory and compliance expectations, rising participation from institutional capital, and evolving consumer behaviour among homebuyers.
According to the findings, developers are increasingly moving away from manual and reactive operational models towards scalable digital systems capable of improving project visibility, reducing inefficiencies, and enhancing coordination among stakeholders.
The report observed that India’s real estate industry is witnessing structural changes in the way projects are planned, marketed, and managed. Digital transformation is also becoming more relevant as buyers increasingly expect seamless experiences across property discovery, financing, documentation, and post-sales services.
Speaking on the sidelines of the summit, Hitesh Singla, Co-Founder and Chief Investment Officer at Square Yards, stated that Indian homebuyers have become significantly more informed and digitally aware in recent years. He indicated that consumers now expect integrated services throughout the property transaction journey rather than viewing home purchases as isolated transactions.
Singla further stated that technology-driven platforms are helping improve transparency, speed, and accountability in a sector that has historically depended heavily on offline processes and fragmented systems.
Industry stakeholders noted that the adoption of PropTech solutions is gradually reshaping operational practices across residential and commercial real estate. Areas such as digital documentation, AI-led analytics, virtual property discovery, automated compliance systems, and integrated customer management platforms are witnessing growing deployment across the sector.
The report added that rising institutional investments and regulatory oversight are further encouraging developers to implement standardised digital systems capable of improving governance, reporting, and operational efficiency.
As India’s real estate sector expands alongside urbanisation, infrastructure growth, and increasing formalisation, industry bodies indicated that technology adoption is expected to play a larger role in improving scalability and supporting long-term sectoral growth.
