India's residential real estate sector is projected for massive expansion through 2047, with housing prices expected to rise 5-10% annually while sales volumes double to 10 lakh units, driven by rising incomes, favorable demographics, urban migration, and government infrastructure initiatives.

India's residential property market has witnessed a 14% year-on-year rise in sales value despite declining transaction volumes, signaling a decisive shift toward premium and luxury housing segments across major cities.

Mumbai Metro Line 3’s expansion is expected to drive a 10–15% rise in residential property values across South Mumbai and western suburbs, transforming connectivity and accelerating real estate growth.

With Bhogapuram Airport set for 2026, Vizag is witnessing 50%+ price spikes in hotspots like Madhurawada. Discover where to invest now in Andhra's coastal capital.

In 2024, Mumbai sold 21 of 25 ultra-luxury properties in India's top 25 cities. HNIs and ultra-HNIs drove demand for mansions exceeding Rs 40 crore, worth Rs 2,443 crore. Mumbai, Hyderabad, Gurugram, and Bengaluru became luxury property hotspots as transactions increased.

Real estate consultant Anarock reports that residential property prices in India's top seven cities have risen 45% in five years. Due to increased demand and fresh supplies, some micro marketplaces have seen price spikes of up to 90%.

The Mumbai Metropolitan Region (MMR) has seen real estate prices jump 48% in five years. MMR has become one of India's hottest real estate markets due to reduced unsold inventory and rising demand. A detailed look at what caused this massive surge.

GHAR examines 5 major elements fueling the Indian real estate rise, including market sentiment improvements and strong economic development.