Daijiworld Media Network - Gurugram

Gurugram, Nov 6: India’s real estate sector is poised for a historic transformation, projected to expand from its current value of around $0.3 trillion to between $5 and $10 trillion by 2047, according to a joint report released by Colliers and the Confederation of Indian Industry (CII) on Thursday.

The report, titled “Real Estate @2047: Building India’s Future Growth Corridors,” describes real estate as a key pillar of India’s economic rise, estimating that it could contribute between 14 and 20 per cent of the country’s GDP by 2047.

Driven by government reforms, strong policy initiatives, rapid urbanisation, and technological innovation, the sector is witnessing an unprecedented surge. These factors, coupled with infrastructure development and susta

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