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India's Real Estate Market Set for $1 Trillion by 2030, Says CREDAI-Anarock Report

  • by- Grihik
  • Oct 3, 2026
A CREDAI-Anarock report at NATCON 2026 sees India's property market at $1 trillion by 2030. Under-construction value hit $503 billion.
India's Real Estate Market Set for $1 Trillion by 2030, Says CREDAI-Anarock Report

October 3, 2026 | India's real estate sector is projected to grow from about $600 billion in 2025 to $1 trillion by 2030 and nearly $5.8 trillion by 2047, according to a report released at CREDAI's 24th National Convention (NATCON 2026) in Kolkata. The report, "Indian Real Estate: Growth Trajectory, Sectoral Outlook and Geopolitical Crosscurrents," was prepared with Anarock Research.

Key findings

  • Under construction: real estate under construction rose from $94 billion in 2009 to $503 billion in 2025, a more than five-fold increase

  • Housing: residential projects under construction were worth $430 billion in 2025, against $235 billion in 2019 and about $45 billion in 2009

  • Residential share: 85% of the total in 2025, up from 48% in 2009

  • Sales value: Anarock chairman Anuj Puri said residential sales value has stayed above Rs 1.3 lakh crore for seven straight quarters

  • Offices: Grade A absorption stayed firm in H1 2026, with global capability centres (GCCs) taking about 45% of leasing

  • Market size: CREDAI says the sector grew from about $120 billion in 2017 to roughly $600 billion now

 

 

The Kolkata pitch

West Bengal Finance Minister Swapan Dasgupta used the opening session to invite developers and investors, saying Kolkata and the state offer major development opportunities because upgrades are needed at every level. The convention brought together developers, investors and policymakers, with a focus on AI, technology, infrastructure and workforce skills.

The reality check

Kolkata is not yet a leading sales market. Anarock's Q3 data showed Kolkata housing sales fell 4% to 3,980 units, while the Mumbai region and Bengaluru together accounted for 48% of sales across the top seven cities.

 

What it means for readers

For buyers and investors, the report points to broader growth beyond the metros. For developers, it signals where policy and capital may head next, including emerging cities in eastern India.