Housing for All to attract USD 1.3 trillion into residential by 2025

In order to fulfill the various schemes by the government, India needs investments up to USD 4 trillion over the next 5-6 years. As per ANAROCK Property ConsultantsÂ’ data, the Housing for All by 2022 initiative alone is likely to bring USD 1.3 trillion investments into the residential sector by 2025. By 2020, the market size of the Indian real estate sector is expected to be USD 180 billion and is poised to grow at the rate of 30 per cent over the next decade. The number of Indians living in urban areas is slated to increase from 434 million in 2015 to 600 million by 2031 and the housing sector alone is expected to contribute around 11 per cent to IndiaÂ’s GDP by 2020, informed the Indian Brand Equity Foundation (IBEF).