Written by Ai Powered PMC Akbar Jiwani, Special Correspondent: Realestate for Realnewsofindia.com
HYDERABAD, 3 November 2026: India’s real estate sector is set to nearly double its share of the national economy, rising from about 7% of GDP today to 13% by 2030, Union Minister G. Kishan Reddy said at the concluding session of the 16th Telangana Property Show, organised by NAREDCO (National Real Estate Development Council), in Hyderabad.
Calling home ownership “a dream for every Indian”, the Minister said real estate is closely tied to aspirations, economic development and urban infrastructure, and will help India reach its ambition of becoming a $30 trillion economy by 2047.
Budget and policy push
Mr Reddy pointed to a series of government measures supporting the sector. The Union Budget 2026-27 allocated Rs 12.22 lakh crore for capital expenditure, with over Rs 4 lakh crore provided to states as 50-year interest-free loans under the SASCI scheme. He urged Telangana to make full use of this assistance. A Rs 1 lakh crore Urban Challenge Fund has also been created for urban redevelopment, water supply, sanitation and infrastructure.
On taxation, he said the GST 2.0 reforms have reduced construction costs by 3–5%, and asked NAREDCO members to ensure the benefit reaches homebuyers.
RERA and transparency
The Minister said the Real Estate (Regulation and Development) Act, RERA, has improved accountability in the sector. Telangana has registered nearly 10,000 real estate projects and 4,000 agents. India also entered the top 30 of the Global Real Estate Transparency Index 2026 for the first time.
Infrastructure backdrop
Highlighting the growth backdrop, Mr Reddy said the national highway network has grown 61% over 12 years, with about 34 km built daily. Operational airports have risen from 74 in 2014 to 165, national waterways from 5 to 32, and railway electrification stands at 99% nationally and 100% in Telangana. He said India’s GDP has tripled in a decade, with growth around 7%, making it the world’s fourth-largest economy.
Advice to developers
He urged developers to adopt AI, IoT and data analytics for planning and demand assessment, use prefabricated technologies to shorten construction time, and prioritise sustainable buildings and strict safety standards.
Hyderabad focus
Mr Reddy highlighted the Regional Ring Road and Outer Ring Rail projects and called for transit-oriented development that integrates residential, commercial and public transport facilities. He described Hyderabad as a major defence, space and healthcare hub, and urged strict action against land mafias.
Why it matters
For homebuyers, lower construction costs and stronger RERA oversight point to better value and safer purchases. For developers and investors, a government-backed infrastructure pipeline and a rising GDP share signal sustained demand through the decade.
