India's real estate market is projected to be worth $5.8 trillion (over ₹547 lakh crore) by 2047, according to a joint report by FICCI and KPMG. The sector's AI adoption has surged to 91% in 2025 from below 5% in 2023. Technologies such as IoT-enabled monitoring and AI-driven valuation models are being integrated into real estate operations, the report said.