A report by Knight Frank and CII predicts India’s real estate sector to surge to $1.5 trillion by 2034, tripling from $482 billion, with residential and office segments leading. The forecast anticipates 78 million new homes by 2034, driven by urbanization, with cities hosting 42.5% of the population. Favorable conditions could boost GDP to $10.3 trillion. Moreover, the rise in high-net-worth households (from 3% to 9%) will propel demand for luxury housing. Office space is expected to increase significantly, reaching 2.7 billion sq ft by 2034, with GCCs driving the market.