India's residential real estate sector has experienced remarkable growth in the past few years, driven by post-pandemic housing demand and lifestyle upgrades. Analysts highlight that pre-sales volumes and values rose by 18% and 31% CAGR respectively, bolstered by a surge in luxury housing. However, the growth may decelerate in 2025 due to the high base effect, with a shift in focus toward mid-income housing.
Reports from JLL show record-breaking sales in 2024, with over 300,000 homes worth ₹5.10 lakh crore expected to be sold by year-end. Developers are actively acquiring land to sustain supply, but challenges like approval cycles may impact growth forecasts. Despite potential slowdowns, the sector remains robust, supported by strong demand and strategic developments in urban housing.