Business Economy


India’s housing market to see 5-10 pc annual price rise: Report

New Delhi, Nov 8 (UNI) Housing prices in India are expected to rise by 5-10 pc annually over the next few years, said a report of Confederation of Indian Industry (CII) and Colliers.
This sectoral price surge is attributed to the strong demand driven by the growing working-age population, urbanisation, and rising incomes.
The report said, “Residential demand is projected to reach around 5,00,000 units annually by 2030 and could double to one billion by 2047. This growth will be supported by favourable demographics, increasing household incomes, and supportive housing policies.”
Moreover, affordable housing is expected to see steady demand as the median age aligns with homeownership trends. Simultaneously, an ageing population is likely to boost the need for senior living facilities.
Luxury housing is also set to grow, which is driven by a rising number of high-net-worth individuals and greater interest from non-resident Indians investing in Indian real estate.
On the other hand, improved infrastructure, government incentives, and increased trust in reputable developers will reinforce long-term growth in the real estate sector. Tier 2 and Tier 3 cities, including new spiritual hubs, are emerging as attractive housing destinations due to urbanisation and infrastructure expansion.
Redevelopment projects in cities like Mumbai, Bengaluru, and Delhi-NCR, which are supported by progressive zoning policies and transferable development rights, will help bridge demand-supply gaps and modernise urban landscapes.
The report also projected that India’s real estate market could grow from the current Rs 26,59,800 crore (USD 300 billion) to Rs 8,86,60,000 crore (USD 10 trillion) by 2047.
UNI SAS BM
More News

Raghuvamsi Group launches ‘Arrobot ’, unveils six indigenous UAV defence products

15 Dec 2025 | 11:39 PM

Hyderabad, Dec 15 (UNI) Raghuvamsi Group on Tuesday unveiled ‘Arrotbot’, a new deep-technology defence brand, and unveiled six indigenous UAV and autonomous defence products developed entirely in India, marking the company’s entry into fully integrated defence platforms.

see more..

Tata Power to invest Rs 1 25 lakh cr on capex eying PAT of Rs 10,000 cr by 2030

15 Dec 2025 | 11:11 PM

Mumbai, Dec 15 (UNI) Tata Power has officially announced through a stock exchange filing that it plans to invest Rs 1.25 lakh crore as capital expenditure (capex) to generate more than 30 GW of electricity between financial year 2025-26 (FY26) and 2029-30 (FY30).

see more..

UP RERA clears 16 real rstate projects worth Rs 3,200 crore across 9 districts

15 Dec 2025 | 10:42 PM

Lucknow, Dec 15 (UNI) The Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) has approved 16 new real estate projects across nine districts of the state, involving a total investment of Rs 3,200.16 crore.

see more..

AP: Visakhapatnam Port Authority takes over possession of Sports Complex

15 Dec 2025 | 10:41 PM

Visakhapatnam, Dec 15 (UNI) Visakhapatnam Port Authority (VPA) on Monday said it has taken over possession of its Sports Complex and Kalavani A/C Auditorium, located in the Nehru Sports & Cultural Complex at Salagrampuram here, pursuant to termination of the respective lease agreements. The Sports Complex was earlier leased to M/s Vishwanadh Sports & Conventions Pvt. Ltd., while the Kalavani A/C Auditorium was leased to M/s Vishwanadh Avenues (India) Pvt. Ltd.

see more..

Funskool India ventures into electronic toy segment

15 Dec 2025 | 10:21 PM

Chennai, Dec 15 (UNI) Toy major Funskool India Ltd on Monday announced its foray into the electronic toys category with the launch of a new range of products this December.

see more..