A new report from CREDAI, prepared with ANAROCK Research & Advisory and titled "Indian Real Estate: Growth Trajectory, Sectoral Outlook and Geopolitical Crosscurrents," projects India's real estate sector growing from roughly $120 billion in 2017 to about $600 billion in 2025, and on to $1 trillion by 2030 and nearly $5.8 trillion by 2047. The report was released at CREDAI's NATCON 2026 conference in Kolkata, with coverage appearing in early October 2026 from Business Today and Outlook Money.
1. The Headline Numbers, and What They Rest On
Alongside the market-size projection, the report puts the value of housing projects currently under construction in India at $430 billion in 2025, up sharply from $235 billion in 2019 and just $45 billion in 2009. That construction pipeline is the more concrete, near-term figure of the two, since a market-size forecast for 2030 or 2047 depends on assumptions that can shift, while an under-construction value reflects projects that are, by definition, already underway.
2. Why Office Demand Keeps Showing Up in Housing Reports
One detail worth flagging for South Indian buyers specifically: the report attributes a significant share of current momentum to Global Capability Centres (GCCs), which it says accounted for roughly 45% of India's office leasing activity in the first half of 2026. Bangalore and Chennai have been among the biggest beneficiaries of this GCC leasing wave, and it's precisely this kind of employment-driven demand that has underpinned price and rental growth in corridors we've tracked in our look at whether Bangalore's market is cooling in 2026. In other words, the housing story and the office story in these cities are closely linked, not separate trends.
3. A Useful Caveat: This Is a Long-Horizon Forecast
It's worth being clear-eyed about what this report is and isn't. A 2030 and 2047 projection is a structural, long-term view of the sector, not a signal about where prices or interest rates are headed in the next few months. In fact, it arrives in the same month the RBI raised its repo rate for the first time in nearly three years, a reminder that near-term financing costs and long-term sector fundamentals can move independently of each other. If you're weighing a purchase timeline, our broader guide to real estate investing in India is a more useful near-term reference than a 2047 projection.
The Bottom Line
The CREDAI-Anarock report is a genuinely significant data point on where India's real estate sector is structurally headed, underpinned by a real and growing construction pipeline and GCC-driven office demand that directly benefits markets like Bangalore and Chennai. But it's a confidence signal about the next decade, not a cue to time your next purchase around. Talk to our team if you'd like to discuss how these broader trends apply to a specific project you're considering.
