Market Share of Top Real Estate Developers in India Doubles in 5 Years
At a FICCI real estate conference in New Delhi, Gaurav Pandey, CEO of Godrej Properties, highlighted that the market share of the top 15 developers has doubled to nearly 20% in the last five years, with expectations of further consolidation.
Real EstateMarket ShareTop DevelopersGodrej PropertiesFicci ConferenceReal EstateFeb 11, 2025
Pandey emphasized that the market share of the top 15 developers has more than doubled in the last five years, reaching nearly 20%, and he anticipates further demand consolidation towards big branded builders in the coming years.
Pandey pointed out that the housing sector is not an easy sector to operate in.
\
Frequently Asked Questions
What did Gaurav Pandey, CEO of Godrej Properties, highlight at the FICCI real estate conference?
Gaurav Pandey highlighted that the market share of the top 15 real estate developers in India has doubled to nearly 20% in the last five years, with expectations of further consolidation in the coming years.
What was the demand for residential real estate in India in 2024?
In 2024, the residential real estate demand in India reached about 1 billion square feet, the highest ever recorded.
What is the projected gross leasing for the Indian office market in 2025?
The projected gross leasing for the Indian office market in 2025 is 65-70 million square feet.
How does the recent budget impact the real estate sector according to Gaurav Pandey?
According to Gaurav Pandey, the recent budget, particularly the tax cuts, will boost consumption demand and have a positive trickle-down effect on various sectors, including residential real estate.
What is the expected impact of the repo rate reduction by the Reserve Bank of India?
The 25 basis points reduction in the repo rate is expected to impact the private capex cycle, potentially leading to further cuts of between 50 to 75 basis points, which could significantly boost various investments, including home loans.
Related News Articles
Arvind SmartSpaces Ltd Sees Impressive Growth with 49% YoY Increase in Bookings
Arvind SmartSpaces Limited announces its Q1 FY25 financial results, boasting a 49% YoY growth in bookings and a 21% increase in collections.
PCMC Contract Worker Arrested in Bribery Case: Water Inspector Remains at Large in Pune
In a significant development, a PCMC contract worker has been arrested in a bribery case, while the water inspector remains on the run. The incident has raised concerns about corruption in public services in Pune, a city known for its rapid growth in real
Country Garden's Sales Decline Deepens in January, Adding to Troubles
Country Garden, one of China's largest real estate developers, has reported a significant drop in sales for January, exacerbating the company's ongoing challenges in the volatile property market.
Alt, the Holding Company for Property Share, to Raise Rs 2.8K Cr in New Funding
Mumbai: Alt, the holding company for Property Share, a leading platform in fractional real estate ownership, is set to raise Rs 2.8K crore. This move is expected to further boost the company's market presence and expand its innovative real estate solution
Pune Real Estate: Property Registrations Decline but Stamp Duty Collections Remain Stable
Pune's real estate market witnessed an 8% Year-on-Year decline in property registrations in January 2025, with a total of 16,330 properties registered. Despite this, stamp duty collections remained steady at ₹590 crore.
Good News! State Government Plans Cancer Hospital in Pune Amid Growing Patients
The state government has announced plans to build a specialized cancer hospital in Pune, a city with a rapidly growing population and increasing number of cancer patients. This move is expected to significantly enhance healthcare services and provide much