i. The Real Estate Sector is one of the largest sectors operating in India and is worth ₹ 120 billion and is expected to reach around 1 Trillion by 2030.

ii. The residential sector is the largest segment of the Indian real estate market, accounting for approximately 70% of the total market share. The demand is driven by factors such as population growth, the increasing number of nuclear families, and rising disposable incomes. The commercial real estate sector, including office, retail, and hospitality, is also growing at a healthy pace, supported by factors such as the expanding corporate sector, increasing foreign investments, and rising tourism.

iii. Post-COVID, various measures taken by the Govt. as well as many other factors are showing signs of revival in the Indian Real Estate Industry.

a) Affordability - Improvement in affordability is across the board and not restricted to a few cities. This has been one of the major drivers for improving housing demand.

b) Industry Consolidation - The share of top developers in launches (6–26% across cities in CY11) surged to 28–78% in H1CY21. As, demand tracks launches with a lag, it is a matter of time before the share of organised developers in absorption jumps to similar levels as launches.

c) Decreasing Inventory – Since CY16, absorption has been lower than supply. This has led to a steady reduction in unsold inventory in the system. By H1CY21-end, unsold inventory had declined to ~30 months, the lowest since CY12.