Construction sector to recover in FY27 with 6–8% growth: ICRA
ICRA expects the operating profitability for construction companies to stay in the range of 10.3-10.8% in 2025-26, and 10.1-10.6% in 2026-27.
ICRA expects the operating profitability for construction companies to stay in the range of 10.3-10.8% in 2025-26, and 10.1-10.6% in 2026-27.
India’s real estate market is expected to reach USD 1 trillion by 2030, driven by structural reforms, enhanced transparency and rising investor confidence. It has the potential to expand to USD 5-7 trillion by 2047.