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Education sector to drive over 4 bn sq ft real estate demand by 2035: Report
The Business Guardian
|October 30, 2024
India's education sector will generate over 4 billion square feet of real estate demand by 2034-35, according to a CBRE report.
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The report emphasizes the sector's growth potential, with India's education market expected to reach a valuation of $313 billion by 2030, driven by supportive policy measures, increased urbanization, and the rise of private investments.
According to the report, student enrollments across K-12 and higher education are anticipated to rise 1.2 times to surpass 360 million by 2035.
CBRE's real estate opportunity assessment projects significant demand for educational spaces as institutions seek to accommodate these growing enrollment figures.
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