Indian Real Estate industry has emerged as one of the significant contributors to the country's GDP. The real estate sector in India has come a long way by becoming one of the fastest growing markets in the world. The country has witnessed a tremendous housing boom, specifically in the last decade. Newer locations have come to the fore expanding the boundaries further. It is not only successfully attracting domestic real estate developers, but foreign investors as well. The growth of the industry is attributed mainly to a large population base, rising income level, and rapid urbanization.

The housing sector has attracted a lot of demand and appreciation in the last few decades. The sector comprises of four sub-sectors- housing, retail, hospitality, and commercial. While housing contributes to five-six percent of the country’s gross domestic product (GDP), the remaining three sub-sectors are also growing at a rapid pace, meeting the increasing infrastructural needs The real estate sector has transformed from being unorganized to a dynamic and organised sector over the past decade.