The real estate sector in India has witnessed phenomenal change since the start of the 21st century, grabbing the attention of the global audience. The sector’s strong growth is likely supported by high economic growth, regulatory and taxation reforms, rising disposable incomes and urbanisation. The growth has brought along several visible transformations in the sector. This study, a joint initiative by KPMG in India and CREDAI — discusses the
challenges in the real estate sector across the value chain and the role of various stakeholders and their evolution.