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THE NEXT GENERATION IS SHAPING THE FUTURE OF INDIAN REAL ESTATE
Construction Week
|February 2023
The Indian real estate industry is the second largest employment generator in the country and third biggest sector in terms of FDI flow, posing as a major contributor to the country’s overall growth and development.
The sector demonstrated impeccable resilience even during the pandemic and became one of the first industries to bounce back. Estimates suggest, real estate is expected to touch Rs 65,000 crore by 2024-25 and contribute to 13 percent of the country’s total GDP. In addition to a strong growth trajectory, the real estate sector in India is also showing some major shifts in the paradigm. Now, new-generation buyers are taking over the market and shaping the future of the sector. From their requirements to their way of convening and even their mindset about asset-building and investment, Gen-Z is different from the previous generation.
"PEOPLE ARE INCLINED TO BUY PROPERTIES THAT ARE CLOSER TO NATURE, SUSTAINABLE."
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