India’s real estate projects are in need of comprehensive digital transformation to adapt to the increasing scale and complexity of the market. A report by KPMG in India and FICCI forecasts the market to surge from $650 billion in 2025 to $5.8 trillion by 2047. The report emphasizes the pivotal role technology must play throughout a project’s lifecycle, moving from a peripheral tool to a foundational driver.
Technology integration is crucial at all stages of project execution, spanning from land identification and design to construction, sales, transactions, and asset management. The report underscores the impact of digital adoption, coupled with government-led reforms, in enhancing execution certainty, transparency, and investor confidence within the real estate sector.
The real estate sector in India is experiencing a shift towards structural maturity, with technology playing a key role in ensuring execution certainty, transparency, and capital efficiency. Noteworthy developments include asset monetization through InvITs and REITs totaling $15.8 billion, alongside institutional investments of $4.3 billion in 2025. Expectations regarding data integrity and governance are on the rise.
Neeraj Bansal, Partner and Head – India Global at KPMG in India, highlighted the significance of government initiatives like the Digital India Land Records Modernization Programme, which has achieved over 97.3% digitization of land records and registrations. These initiatives are instrumental in reducing structural risks and bolstering investor confidence in the sector.
Recommendations put forth include the integration of technologies such as geographic information system (GIS), building information modeling (BIM), digital twins, Internet of Things, artificial intelligence, and blockchain across various project phases. Leveraging BIM-led workflows can notably minimize planning errors, rework, and execution delays by enabling coordinated designs and clash detection from design to operations.
Moreover, the report suggests that AI-driven valuation models, demand forecasting, and scenario analysis can enhance pricing discipline, capital allocation, and risk management while reducing reliance on subjective judgment. These technological advancements are poised to reshape the real estate landscape in India significantly.
