Infrastructure, digitisation and spiritual tourism to drive realty in smaller towns

The real estate sector in India is experiencing a transformation

with smaller towns becoming vital to the economy due to enhanced infrastructure

Affordable property, skilled labor, and government support.

Forecasts suggest the sector could reach $1 trillion by 2030 and potentially $5 trillion by 2050,

Ccontributing 14-16% to GDP.

Colliers report projects urban growth with nearly 100 cities having over a million inhabitants by 2050,

Driven by factors like infrastructure, digitisation, and changing office trends.