Indian Real Estate Market to Skyrocket to ₹88 Lakh Crore by 2030: Report

• Indian real estate market projected to reach ₹88 lakh crore by 2030, a three-fold jump from last year.
• Joint report by KPMG and Naredco titled 'The role of real estate in ViksitBharat@2047' highlights sector's importance.
• Real estate is crucial for India's ambitious target to become a fully developed economy by 2047.
• Market expected to expand to ₹440.5-616.7 trillion by 2047 as urban footprint and economic base deepen.
• Job creation in the sector could reach 100 million by 2030, up from current 70 million.