Why is The Indian Real Estate Market Expected to Grow in the Coming Year
                     Why is The Indian Real 
Estate Market Expected to 
Grow in the Coming Year?
About Us
L&T Realty is the real estate arm of the $23 billion Larsen and  Toubro and a 
trendsetter amidst real estate developers in India.
With an extensive portfolio spanning 6.50 mn. square metres (i.e.
70 mn. sqft.) across Residential, Commercial and Retail  developments, the 
company is committed to creating landmarks of  excellence and providing customer 
delight at every touch point  through design innovation and operational excellence.
Overview
The Indian real estate market has seen an astonishing level of growth in the past few 
decades. Following a blip in this trend due to the emergence of the pandemic in 2020, 
the Indian real estate market is poised to push on, with even more rapid growth 
expected in the coming year. According to the International Market Analysis Research 
and Consulting (IMARC) Group, the Indian real estate market is projected to have a 
current annual growth rate of 9.2%. Whether you’re looking to invest in 
ready to move flats in Powai or property elsewhere, it will certainly help to 
understand what the factors that are driving this boom will be.
Prominent Working Age Demographic
It is a known fact by now that every year, hundreds of 
thousands of people move to bigger cities in India, 
with the goal of having higher standards of living and 
a broader scope of career opportunities. When one 
considers the rapid growth of the middle-class and 
an increasingly prominent working population, it 
becomes abundantly clear as to why the real estate 
market in the country has been and will continue to 
experience such a notable upward trajectory.
Infrastructural and Technological Advancements
India has undoubtedly enjoyed an 
unprecedented level of infrastructural and 
technical advancement over the last two 
decades, and this heavily contributed to the 
huge real estate market boom that promptly 
followed.As a result of this, huge developments 
in the residential and commercial properties in 
these areas have also taken place. Such 
advancements continue to take place, which is 
one of the many reasons why this real estate 
boom is only expected to grow larger.
Flourishing Commercial Sector
The meteoric growth of India’s commercial 
sector over recent years is another major 
reason why the real estate market has seen 
such a huge boom. The various commercial 
hotspots of the country such as Mumbai, 
Bangalore, Pune, and many more have all 
become major points of interest to 
multinational organizations, making way for a 
lot of foreign investment.
Property Investment
When it comes to residential real 
estate, many people undoubtedly 
purchase property with the aim of 
using it as their own residence, but 
real estate has also proven to be a very 
lucrative investment option. This is 
bound to become a more and more 
popular investment option, in turn 
only adding to the heavy demand for 
real estate in the country.
Increasing Demand for Homes
Having now become the most populous 
country in the world overtaking China, the 
demand for housing in the country has 
shown no signs of slowing down. Along with 
the fastest growing population in the world, 
comes a rapidly growing need for adequate 
housing and infrastructure. This is a clear 
indication that the market for residential as 
well as commercial real estate in the country 
is only going to get more and more 
competitive. 
Summary
To sum it up, the Indian real estate market looks primed for even more growth, after 
having experienced a slight bump in the road in the past couple of years. The factors 
mentioned above have already been and will continue to be key catalysts to this 
incredible rate of growth. These are also aspects worth noting when investing in real 
estate, whether you’re exploring apartments in Chennai or looking to invest in one of 
the many residential projects in Mumbai.