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India’s Housing Construction Pipeline Nearly Doubles To USD 430 Billion
A new report says India is building many more homes than it did in the past.
The value of homes being built reached USD 430 billion in 2025.
That was much higher than the USD 235 billion recorded in 2019.
The report says stronger demand after the Covid-19 pandemic helped increase construction.
Homes now make up most of the value of all real estate projects under construction.
Other projects include offices, shops, and warehouses.
Home sales also stayed strong for several quarters.
Real estate groups believe India’s property market could become much larger in the coming years.
Housing projects under construction in India were valued at USD 430 billion in 2025, up from USD 235 billion in 2019.
The value of all real estate under construction reached USD 503 billion in 2025, compared with USD 94 billion in 2009.
Residential property’s share of construction value rose from 48% in 2009 to 85% in 2025.
Residential sales remained above Rs 1.3 lakh crore for seven consecutive quarters, while Global Capability Centres drove about 45% of office leasing in the first half of 2026.
CREDAI said India’s real estate market has grown from USD 120 billion in 2017 to an estimated USD 600 billion today and could reach USD 1 trillion by 2030.
- Who
- The Confederation of Real Estate Developers Associations of India (CREDAI) and Anarock published the report, with comments from Anuj Puri and Shekhar Patel.
- What
- A joint report said the value of housing projects under construction reached USD 430 billion in 2025, nearly twice the 2019 level.
- Where
- The report was released at a CREDAI conference in Kolkata, India.
- When
- The report was released on October 2, 2026, and covers figures through 2025 and the first half of 2026.
- Why
- The report attributed the rise in housing construction to increased demand after the Covid-19 pandemic.
Key facts
- Housing construction value in 2025
- USD 430 billion
- Housing construction value in 2019
- USD 235 billion
- Housing construction value in 2009
- USD 45 billion
- All real estate under construction in 2025
- USD 503 billion
- Residential share of construction value
- 85% in 2025, up from 48% in 2009
- Residential sales
- Above Rs 1.3 lakh crore for seven consecutive quarters
- Projected real estate market size
- USD 1 trillion by 2030, according to CREDAI
Quotes
CREDAI-Anarock joint report
Joint report by the Confederation of Real Estate Developers Associations of India and Anarock
“The total value of real estate under construction across residential, office, retail and warehousing has grown from USD 94 billion in 2009 to USD 503 billion in 2025, a more than five-fold increase. Within this, the share of the residential segment has risen from 48 per cent to 85 per cent over the same period.”
freepressjournal.in
“Residential sales value stayed above Rs 1.3 lakh crore for seven consecutive quarters. Grade A office absorption held firm, driven by Global Capability Centres accounting for around 45 per cent of total leasing in H1 2026,”
freepressjournal.in
Sources
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