India's residential real estate sector is poised for a transformation by 2025, driven by technological advancements, government policies, and a growing focus on sustainability.
Real EstateCustomizationSustainabilityTechnologyPmayReal EstateJan 27, 2025
India aims to construct 100 million homes by 2025 and reach a $40 trillion GDP by 2047, positioning the real estate sector as a key driver of economic growth.
The PMAY is a government policy that provides a significant boost to affordable housing growth, enhancing homeownership and supporting urban renewal and sustainable infrastructure.
Modular construction and virtual reality tools are enhancing the personalization and engagement in the homebuying process, allowing buyers to actively participate in the design of their homes while reducing construction time and costs.
Sustainable practices in the real estate sector include the use of green building materials, solar panels, and water-efficient systems, which help in reducing the environmental impact and offering long-term cost savings for homeowners.
GreenHomes Developers is a notable company leading the way in sustainable real estate, implementing projects with smart home technologies, green roofs, and rainwater harvesting systems.
Despite higher property prices, Mumbai's real estate market shows resilience with a 12% annual rise in property registrations in June, driven by strong demand and buyer confidence.
IMD issues yellow alert for Mumbai, red alert for Palghar and Pune; heavy to very heavy rainfall expected in the next 24 hours
From Chennai to Surat, India's top cities are contributing billions to the country's GDP. Here's a look at some of the most developed cities in India.
Delhi Development Authority's affordable housing schemes gain massive traction, with over 1,200 flats sold in just 48 hours.
Despite a relatively modest increase in the prices of key construction materials, the overall cost of real estate construction has surged by 11% in 2024, primarily driven by rising labour costs.
Noida (Uttar Pradesh) [India], November 29: Ushering in a transformative phase in the real estate sector, ManuBhoomi has officially launched operations, promising to revolutionize land investment in India.