Housing demand in India is projected to grow more than threefold and reach 93 million units by 2036, driven by robust demand and supply in tier-II and -III cities. This growth is fueled by the rapidly growing Indian population and economy, improved purchasing power of home buyers, and the inclination to buy bigger houses. The government s plans for smart cities and increasing commercial activity in emerging regions will further drive real estate growth in these markets. The real estate sector is expected to play a significant role in India s journey towards becoming the third-largest economy in the world by 2030.
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