PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1597600
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1597600
India Rental Property Market, By Property Type; By Tenant Type; By Duration; By Pricing; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Rental Property Market to Surpass Value of USD 42 Billion by 2030
India Rental Property Market is booming primarily due to government's increasing number of initiatives to develop rapidly expanding urban areas with growing population with migrant workers.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Rental Property Market size by value at USD 34.18 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Rental Property Market size to expand at a CAGR of 9.75% reaching a value of USD 42.38 billion by 2030. The Rental Property Market in India is propelled by rapid urbanization, coupled with rising property prices and a growing preference for rental housing. The influx of migrants to major cities like Mumbai, Bangalore, and Hyderabad, combined with a limited supply of affordable housing, has boosted demand for rental properties. Government initiatives and technological advancements are further shaping the market by addressing affordability and operational challenges. As urbanization continues to reshape India's urban landscape, the rental market is poised for significant expansion.
Opportunity - Growing Demand for Smart and Green Buildings
India Rental Property Market is expected to register significant growth, driven by the increasing demand for smart and green buildings. The real estate sector's growing emphasis on sustainability has led to a surge in green commercial real estate, characterized by energy efficiency, resource conservation, and reduced carbon emissions. The integration of cutting-edge technologies, such as renewable energy sources, smart building systems, and recycled materials, enhances both the functionality and aesthetic appeal of these buildings. The shift toward eco-conscious design not only reduces operational costs but also improves occupant health and well-being. Cities like Delhi-NCR exemplify this trend, with green-certified office spaces projected to exceed 550 million sq ft by 2026, constituting 65% of the total office stock. This rise in demand, supported by certifications like LEED and GRIHA, signals a broader acceptance of sustainability among developers, investors, and tenants. As the market recognizes the long-term economic and health benefits of green buildings, lower maintenance costs, increased property values, and higher occupancy rates, developers are actively pursuing sustainable rental property development. This trend aligns with India's commitment to net-zero targets and is further accelerated by supportive government policies.
South India Leads India Rental Property Market
South India Rental Property Market is a dynamic and thriving sector, driven by robust demand, diverse housing options, and favorable market dynamics. Key cities like Bangalore, Chennai, Hyderabad, and Kochi are at the forefront of this growth, fueled by rapid urbanization, economic expansion, and thriving industries. Bangalore, India's Silicon Valley, leads the market with its strong tech industry and demand for rental housing near tech parks and vibrant neighborhoods. Chennai, with its diverse economy and population, offers a range of rental options from affordable housing to premium apartments. Hyderabad's growing IT and pharmaceutical sectors, coupled with infrastructure developments, have boosted its rental market. Kochi, a city known for its port activities and tourism, has seen a surge in demand for rental accommodations due to infrastructure improvements. Overall, South India's rental housing market is a testament to the region's economic vitality, demographic diversity, and infrastructure development, contributing significantly to India's evolving rental housing landscape.
Impact of Escalating Geopolitical Tensions on India Rental Property Market
India Rental Property Market may face significant challenges from intensifying geopolitical tensions across the world. Rising global uncertainties may prompt individuals and expatriates to seek safer, more stable environments, leading to increased demand for rental housing. The influx of international professionals, combined with potential supply chain disruptions and construction delays, could further strain the market, limiting housing supply and driving up rental costs.
Competitive Landscape
India Rental Property Market is highly fragmented, with numerous players serving the market. The key players dominating India Rental Property Market include NoBroker Property Management Services, DLF Ltd, Godrej Industries Ltd, Knight Frank India Pvt Ltd, Prestige Estates Project Ltd, Lodha Group, TATA Housing, L&T Realty Ltd, Oberoi Realty Ltd, and Brigade Group. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and India Rental Property Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Rental Property Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Rental Property Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Government Initiatives and Policies
- 3.2.1.2. Rapid Urbanization and Population
- 3.2.1.3. Rising Migrant Workforce
- 3.2.2. Restraints
- 3.2.2.1. High Rental Costs
- 3.2.2.2. Regulatory Challenges
- 3.2.3. Opportunities
- 3.2.3.1. Rising Co-living Spaces
- 3.2.3.2. Growing Demand for Smart and Green Buildings
- 3.2.4. Challenges
- 3.2.4.1. Lack of Standardized Practices
- 3.2.4.2. Economic Volatility
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Rental Property Market: Marketing Strategies
5. India Rental Property Market Overview
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Property Type
- 5.2.1.1. Residential Properties
- 5.2.1.2. Commercial Properties
- 5.2.1.3. Industrial Properties
- 5.2.2. By Tenant Type
- 5.2.2.1. Individual Tenants
- 5.2.2.2. Corporate Tenants
- 5.2.3. By Duration
- 5.2.3.1. Short-term Rentals
- 5.2.3.2. Long-term Rentals
- 5.2.4. By Pricing
- 5.2.4.1. Affordable
- 5.2.4.2. Mid-Tier
- 5.2.4.3. Luxury
- 5.2.5. By Region
- 5.2.5.1. North India
- 5.2.5.2. South India
- 5.2.5.3. East India
- 5.2.5.4. West India
- 5.2.1. By Property Type
6. North India Rental Property Market
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Property Type
- 6.2.2. By Tenant Type
- 6.2.3. By Duration
- 6.2.4. By Pricing
7. South India Rental Property Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Property Type
- 7.2.2. By Tenant Type
- 7.2.3. By Duration
- 7.2.4. By Pricing
8. East India Rental Property Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Property Type
- 8.2.2. By Tenant Type
- 8.2.3. By Duration
- 8.2.4. By Pricing
9. West India Rental Property Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Property Type
- 9.2.2. By Tenant Type
- 9.2.3. By Duration
- 9.2.4. By Pricing
10. Competitive Landscape
- 10.1. List of Key Players and Their Offerings
- 10.2. India Rental Property Company Market Share Analysis, 2023
- 10.3. Competitive Benchmarking, By Operating Parameters
- 10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Escalating Geopolitical Tensions on India Rental Property Market
12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 12.1. NoBroker Property Management Services
- 12.2. DLF Ltd
- 12.3. Godrej Industries Ltd
- 12.4. Knight Frank India Pvt Ltd
- 12.5. Prestige Estates Project Ltd
- 12.6. Lodha Group
- 12.7. TATA Housing
- 12.8. L&T Realty Ltd
- 12.9. Oberoi Realty Ltd
- 12.10. Brigade Group
- 12.11. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
- 14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
- 14.2. Quantitative Research
- 14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
- 14.4. Breakdown of Primary Research Respondents, By Region
- 14.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 India Rental Property Segmentation
- Figure 2 India Rental Property Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Rental Property Market Size, By Value (USD Billion), 2019-2030
- Figure 5 India Rental Property Market Share, By Property Type, By Value, 2019-2030
- Figure 6 India Rental Property Market Share, By Tenant Type, By Value, 2019-2030
- Figure 7 India Rental Property Market Share, By Duration, By Value, 2019-2030
- Figure 8 India Rental Property Market Share, By Pricing, By Value, 2019-2030
- Figure 9 North India Rental Property Market Size, By Value (USD Billion), 2019-2030
- Figure 10 North India Rental Property Market Share, By Property Type , By Value, 2019-2030
- Figure 11 North India Rental Property Market Share, By Tenant Type, By Value, 2019-2030
- Figure 12 North India Rental Property Market Share, By Duration, By Value, 2019-2030
- Figure 13 North India Rental Property Market Share, By Pricing, By Value, 2019-2030
- Figure 14 South India Rental Property Market Size, By Value (USD Billion), 2019-2030
- Figure 15 South India Rental Property Market Share, By Property Type , By Value, 2019-2030
- Figure 16 South India Rental Property Market Share, By Tenant Type, By Value, 2019-2030
- Figure 17 South India Rental Property Market Share, By Duration, By Value, 2019-2030
- Figure 18 South India Rental Property Market Share, By Pricing, By Value, 2019-2030
- Figure 19 East India Rental Property Market Size, By Value (USD Billion), 2019-2030
- Figure 20 East India Rental Property Market Share, By Property Type , By Value, 2019-2030
- Figure 21 East India Rental Property Market Share, By Tenant Type, By Value, 2019-2030
- Figure 22 East India Rental Property Market Share, By Duration, By Value, 2019-2030
- Figure 23 East India Rental Property Market Share, By Pricing, By Value, 2019-2030
- Figure 24 West India Rental Property Market Size, By Value (USD Billion), 2019-2030
- Figure 25 West India Rental Property Market Share, By Property Type , By Value, 2019-2030
- Figure 26 West India Rental Property Market Share, By Tenant Type, By Value, 2019-2030
- Figure 27 West India Rental Property Market Share, By Duration, By Value, 2019-2030
- Figure 28 West India Rental Property Market Share, By Pricing, By Value, 2019-2030
List of Tables
- Table 1 India Rental Property Market Size, By Value (USD Billion), 2019-2030
- Table 2 India Rental Property Market Share, By Property Type, By Value, 2019-2030
- Table 3 India Rental Property Market Share, By Tenant Type, By Value, 2019-2030
- Table 4 India Rental Property Market Share, By Duration, By Value, 2019-2030
- Table 5 India Rental Property Market Share, By Pricing, By Value, 2019-2030
- Table 6 North India Rental Property Market Size, By Value (USD Billion), 2019-2030
- Table 7 North India Rental Property Market Share, By Property Type , By Value, 2019-2030
- Table 8 North India Rental Property Market Share, By Tenant Type, By Value, 2019-2030
- Table 9 North India Rental Property Market Share, By Duration, By Value, 2019-2030
- Table 10 North India Rental Property Market Share, By Pricing, By Value, 2019-2030
- Table 11 South India Rental Property Market Size, By Value (USD Billion), 2019-2030
- Table 12 South India Rental Property Market Share, By Property Type , By Value, 2019-2030
- Table 13 South India Rental Property Market Share, By Tenant Type, By Value, 2019-2030
- Table 14 South India Rental Property Market Share, By Duration, By Value, 2019-2030
- Table 15 South India Rental Property Market Share, By Pricing, By Value, 2019-2030
- Table 16 East India Rental Property Market Size, By Value (USD Billion), 2019-2030
- Table 17 East India Rental Property Market Share, By Property Type , By Value, 2019-2030
- Table 18 East India Rental Property Market Share, By Tenant Type, By Value, 2019-2030
- Table 19 East India Rental Property Market Share, By Duration, By Value, 2019-2030
- Table 20 East India Rental Property Market Share, By Pricing, By Value, 2019-2030
- Table 21 West India Rental Property Market Size, By Value (USD Billion), 2019-2030
- Table 22 West India Rental Property Market Share, By Property Type , By Value, 2019-2030
- Table 23 West India Rental Property Market Share, By Tenant Type, By Value, 2019-2030
- Table 24 West India Rental Property Market Share, By Duration, By Value, 2019-2030
- Table 25 West India Rental Property Market Share, By Pricing, By Value, 2019-2030
- Table 26 NoBroker Property Management Services Company Overview
- Table 27 NoBroker Property Management Services Financial Overview
- Table 28 DLF Ltd Company Overview
- Table 29 DLF Ltd Financial Overview
- Table 30 Godrej Industries Ltd Company Overview
- Table 31 Godrej Industries Ltd Financial Overview
- Table 32 Knight Frank India Pvt Ltd Company Overview
- Table 33 Knight Frank India Pvt Ltd Financial Overview
- Table 34 Prestige Estates Project Ltd Company Overview
- Table 35 Prestige Estates Project Ltd Financial Overview
- Table 36 Lodha Group Company Overview
- Table 37 Lodha Group Financial Overview
- Table 38 TATA Housing Company Overview
- Table 39 TATA Housing Financial Overview
- Table 40 L&T Realty Ltd Company Overview
- Table 41 L&T Realty Ltd Financial Overview
- Table 42 Oberoi Realty Ltd Company Overview
- Table 43 Oberoi Realty Ltd Financial Overview
- Table 44 Brigade Group Company Overview
- Table 45 Brigade Group Financial Overview
