NEW DELHI: During the NAREDCO Real Estate Conclave 2026, experts highlighted that artificial intelligence, sustainable construction, regulatory compliance, and skill development will be pivotal in shaping India’s real estate landscape.
Anand Kumar, Chairman of AIFORERA and Delhi RERA, emphasized that while significant growth is expected in the sector, it necessitates investor confidence, regulatory compliance, and strategic long-term planning.
“The Real Estate (Regulation and Development) Act (RERA) has been essential in restoring trust among homebuyers, investors, and developers. All stakeholders must understand and fulfill their responsibilities under the law for sustainable sector growth,” Kumar stated.
Kumar identified emerging segments like commercial real estate, data centers, senior living, and alternative investments as new opportunities for growth. He also urged for extensive skill development initiatives to enhance workforce efficiency.
Niranjan Hiranandani, Chairman of NAREDCO, noted that the real estate sector now encompasses commercial assets, logistics parks, data centers, healthcare, and educational infrastructure beyond just housing.
“The forthcoming growth phase will be propelled by AI, digital technologies, industrialized construction, sustainability, and stronger collaboration between government and industry,” Hiranandani remarked.
He highlighted that AI is already being utilized in project management, customer engagement, facility management, and energy optimization, while also calling for quicker, more efficient construction methods. He pointed to a significant shortage of skilled construction labor.
Parveen Jain, President of NAREDCO, stressed that enhanced collaboration between the government and industry is crucial for developing smart, green, and inclusive cities.
He pointed out that the real estate sector is one of the largest employers in the country after agriculture and plays a vital role in attracting investments, building infrastructure, and supporting homeownership.
