The real estate sector is one of the most globally recognized sectors, contributing to a larger part of the economy. In India the real estate sector is expected to touch a $1 trillion market size by 2030, accounting for 18-20 percent of the country's GDP. While the real estate sector is diverse and comprised of four sub-sectors housing, retail, hospitality, and commercial, it is majorly being driven by the demands coming forth from the evolving corporate environment requiring spaces for office space, including expanding urban and semi-urban accommodation. Due to the increased transparency and returns, while there's a surge in private investment in the sector, increased urbanization and rising household income are boosting the growth of residential property construction largely. Today, India is among the top 10 price-appreciating housing markets internationally.

According to a research study, the size of the India Residential Real Estate Market is $178.83 billion in 2022 and is anticipated to register a CAGR of over 19.58 percent during the forecast period 2023 - 2028. Moreover, as the real estate sector is expected to incur more non-resident Indian (NRI) investment, both in the short term and the long term in India, the major developing cities of the country are the targets, and Bangalore turns out to be the most favored property investment destination followed by Ahmedabad, Pune, Chennai, Goa, Delhi, and Dehradun. There are many industry leaders, builders, and property developers contributing to this magnanimous growth of Indian Residential Real Estate. Subsequently, recognizing some such leaders in Bangalore Residential Real Estate space, our current edition has highlighted some Residential Projects in Bangalore- 2023 that are acknowledgeable. Do let us know what you think!