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flag India's real estate sector forecast to hit $5-10 trillion, making up to one-fifth of GDP by 2047.

flag A report by Colliers and CREDAI predicts India's real estate sector will reach a market value of USD 5-10 trillion by 2047, contributing to one-fifth of India's GDP. flag The sector's contribution to GDP has grown from under 5% in the early 2000s to 6-8% today and is projected to reach 14-20% by 2047. flag Key drivers of growth include rapid urbanization, infrastructure development, affordable housing demand, and digital transformation. flag However, rising home prices and a shortage of affordable housing could push more people into costly rentals.

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