The rapid urbanization of people in search of better job opportunities and quality living standards is creating the need to construct more residential spaces for comfortable living.
Growing digitization across the country to increase transparency and speed up the process of house allocation is expected to pave the way for the growth of the online channels to buy and sell residential spaces to consumers.The major players operating in the India residential real estate market are Sunteck Realty Ltd., Omaxe Ltd., Godrej Properties Ltd., Phoenix Mills Ltd., Oberoi Realty Ltd., Brigade Enterprises Ltd., NBCC India Ltd., Prestige Estates Projects Ltd., Indiabulls Real Estate Ltd., DLF Ltd., and others.
Other competitive strategies include mergers & acquisitions and new service developments.Years considered for this report:Historical Years: FY2017-FY2020Base Year: FY2021Estimated Year: FY2022Forecast Period: FY2023–FY2027Browse Full Analysis Report : https://www.techsciresearch.com/report/india-residential-real-estate-market/7951.htmlObjective of the Study:To analyze the historical growth of the market size of India residential real estate market from FY2017 to FY2020.To estimate and forecast the market size of India residential real estate market from FY2021 to FY2027 and growth rate until FY2027.To classify and forecast India residential real estate market based on type, category, mode, regional distribution, and company.To identify dominant region or segment in the India residential real estate marketTo identify drivers and challenges for India residential real estate marketTo examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India residential real estate market.To identify and analyze the profile of leading players operating in India residential real estate market.To identify key sustainable strategies adopted by market players in India residential real estate market.TechSci Research performed both primary as well as exhaustive secondary research for this study.
Through this technique, TechSci Research could include the manufacturers and service providers who could not be identified due to the limitations of secondary research.
TechSci Research analyzed the manufacturers and service providers, distribution channels and presence of all major players across the globe.TechSci Research calculated the market size of India residential real estate market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years.
TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.