The real estate shares industry in India is experiencing rapid growth, offering excellent investment opportunities. Tier 2 and 3 cities have emerged as attractive investment destinations showcasing new trends and prospects.
India’s real estate sector contributes just about 7% to the country’s GDP. In terms of output, the market size of India’s real estate sector is currently estimated at $477 billion, contributing 7.3% to the total economic output. By 2047, India’s real estate sector is estimated to expand to $5.8 trillion, contributing 15.5% to the total economic output.
Factors such as escalating demand for residential properties arising from rapid urbanization and growing disposable incomes of individuals are supporting the fast-paced expansion of the real estate industry in India.
Due to the festive season in India, the developers often provide enticing offers to motivate consumers to make property purchases. The festive season has historically been a time of high demand for housing and other consumer goods.
The top-performing real estate stocks in India arre:
DLF Ltd: It is one of the largest real estate developers in the country. It is known for its extensive residential, commercial, and retail property portfolio. Its projects range from luxury apartments and villas to office spaces, shopping malls, and hotels. Their most notable projects include DLF CyberCity, DLF Magnolias, DLF Cyber Hub Gurugram, DLF Emporio in Delhi, and DLF One Midtown in Chennai.
Macrotech Devs: Formerly known as Lodha Developers, it is a prominent real estate company in India and the UK. It primarily constructs and develops residential and commercial real estate properties. World One Tower, Lodha Altamount in Mumbai, Palava City near Mumbai, and Lodha Bellezza in Hyderabad are some of their prominent projects.
Godrej Properties: It is a Mumbai-based real estate company, established in 1990. They have a diverse portfolio of residential, commercial, and township projects across various cities in India. It has a strong commitment to sustainability and innovation in its projects. Godrej Golf Links in Greater Noida, Godrej Platinum in Mumbai, Godrej Eternity, and Godrej Air in Bangalore are some of their noteworthy projects.
Oberoi Realty: It is a well-known real estate developer in India, recognized for its outstanding projects that redefine luxury and quality. Their flagship projects such as Oberoi Sky Heights, Oberoi Exquisite, and Oberoi Esquire have gained popularity for their beautiful design, top-notch amenities, and prime locations. They attract buyers who value opulence and exclusivity.
Phoenix Mills: It is an investment holding company based in Mumbai. They are engaged in various real estate activities including the development, execution, marketing, management, and sales of shopping, entertainment, commercial, residential, and hospitality assets. Phoenix Palladium, Phoenix Marketcity, Phoenix United, Phoenix Palassio, and Phoenix Citadel are some of the notable projects.
The Indian Realty market has shown resilience, improved affordability, and increased foreign investment. However, uncertainties related to global economic conditions including geopolitical instability and oil prices could pose challenges in the future.
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