The real estate market in India is one of the biggest sectors in the world. The contribution of the real estate sector to gross domestic product (GDP) has been estimated at around 6.5-7% and the sector is expected to generate millions of jobs. The real estate sector is the second largest employer after agriculture and experts have said that real estate growth in India will be around 20% over the next decade. The real estate sector is made up of four sub-sectors: housing, retail, hospitality, and commercial. According to experts, investing in real estate today requires a different strategic approach than buying property for personal use. You buy a property for a profit when you choose real estate as your investment strategy. The investor rents the property or resells it at a higher cost in most cases. Real estate has exploded over the past twenty years, with migration being at the heart of job hunting in big cities. It is also likely to grow in the near future. Buyers are ready to invest in small apartments with a dual purpose of living and making investments. Hence, you can see that the demand is increasing rapidly and is expected to increase until 2025. The breadth of demand makes real estate investment in India a profitable business with many players.

Property sales in Indore, the commercial capital of Madhya Pradesh, are expected to hit a record high this year amid rising demand for residential units. The developers said the demand for residential land and apartments has led to the growth of the real estate market in Indore. Residential properties in Bypass, Nipania, Rau and Mhow, among others, have received encouraging inquiries, while demand for high-end properties is slow, estate agents and agents said.

In the 2020-21 fiscal year which ended on March 31, a total of 1,07,000 properties were registered with revenues of Rs 1,325 crore.