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Business
GenAI to Boost India's Real Estate Economy by $14-17 Billion: Report
🗓 19 Jun 2026, 02:32 AM
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A new report suggests that the integration of Generative AI (GenAI) could significantly enhance India's real estate sector, potentially adding between $14 billion and $17 billion to its economy.
Generative Artificial Intelligence (GenAI) holds the potential to inject between $14 billion and $17 billion into India's real estate economy, according to a recent report. The study, titled 'GenAI in Indian real estate - Scaling the next frontier of innovation', was jointly released on Thursday by consultancy firm EY-Parthenon and the Confederation of Real Estate Developers' Associations of India (CREDAI).
The adoption of GenAI is projected to drive substantial improvements in operational efficiency within the sector. Specifically, the report indicates that GenAI implementation could lead to a notable increase in sales velocity, estimated to range from 30 to 50 percent.
Furthermore, the report highlights the cost-saving benefits associated with leveraging GenAI technologies. These advancements are expected to contribute to a reduction in overall project costs for real estate developers, enhancing profitability and potentially stimulating further investment in the market.
The adoption of GenAI is projected to drive substantial improvements in operational efficiency within the sector. Specifically, the report indicates that GenAI implementation could lead to a notable increase in sales velocity, estimated to range from 30 to 50 percent.
Furthermore, the report highlights the cost-saving benefits associated with leveraging GenAI technologies. These advancements are expected to contribute to a reduction in overall project costs for real estate developers, enhancing profitability and potentially stimulating further investment in the market.