{
  "id": 11452025,
  "title": "Value Of Housing Projects Under Construction Rises Nearly Two-Fold To USD 430 Billion In 2025: CREDAI-Anarock",
  "url": "https://urgent.news/2026/10/02/value-of-housing-projects-under-construction-rises-nearly-two-fold-to",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T13:41:03.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/value-of-housing-projects-under-construction-rises-nearly-two-fold-to-usd-430-billion-in-2025-credai-anarock"
  },
  "original_language": "en",
  "account": "In 2025, the value of housing projects under construction reached USD 430 billion, nearly doubling since 2019, according to a report by the Confederation of Real Estate Developers Associations of India (CREDAI) and property consultant Anarock. The Indian Real Estate - Growth Trajectory, Sectoral Outlook and Geopolitical Crosscurrents report, released at a conference in Kolkata, highlighted a significant surge in construction activities driven by post-Covid demand. The total value of housing projects has grown from USD 45 billion in 2009 to USD 430 billion in 2025, a more than five-fold increase. The residential segment, which accounted for 48% of the total value in 2009, now represents 85% of the construction value - reflecting both high demand and a smaller, fast-growing commercial asset base. Office spaces remain the largest commercial category, while warehousing has expanded from a near-zero base in 2009 to over USD 10 billion in 2025. Despite geopolitical tensions, residential sales value remained above Rs 1.3 lakh crore for seven consecutive quarters, and Global Capability Centres accounted for 45% of total leasing in H1 2026. CREDAI National President Shekhar Patel noted that the sector's growth mirrors the country's progress, with the market growing from USD 120 billion in 2017 to an estimated USD 600 billion today, and on track to reach USD 1 trillion by 2030 and nearly USD 5.8 trillion by 2047.",
  "summary": "Kolkata, October 2, 2026: Total value of housing projects under construction stood at USD 430 billion last year, nearly a two-fold jump from 2019, according to a CREDAI and Anarock report. Real estate apex industry body CREDAI and property consultant Anarock on Friday released a report, 'Indian Real Estate - Growth Trajectory, Sectoral Outlook and Geopolitical Crosscurrents', at a conference…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}