Financial Express-Building the Future: How tech is reshaping India’s real estate sector
According to a joint report by NAREDCO and EY, India’s real estate industry is on track to reach a $1-trillion market valuation by 2030, driven by PropTech innovations and government initiatives like the Smart Cities Mission and the Digital India campaign. Technology continues to play a pivotal role in shaping the sector. In 2024, the integration of artificial intelligence (AI), the Internet of Things (IoT), and blockchain technology has transformed how real estate projects are developed, managed, and marketed to potential buyers. The adoption of AI and emerging technologies has introduced new trends and redefined industry norms in India’s real estate sector.
