GenAI can add $14-17 bln to India's real estate economy: Report

Business To Business, New Delhi, 18^th June, 2026:   A new report by EY-Parthenon and CREDAI suggests that Generative AI (GenAI) could contribute USD 14–17 billion to India's real estate sector over the next seven years by improving efficiency, reducing costs, and accelerating sales.
The report, titled "GenAI in Indian Real Estate – Scaling the Next Frontier of Innovation", highlights several potential benefits from widespread adoption of GenAI technologies:

• 30–50% increase in sales velocity, enabling developers to convert leads into buyers more quickly.
• Reduction in project costs through automation and improved planning.
• Better customer engagement and personalization.
• Enhanced operational efficiency across the project lifecycle.
• Improved decision-making through data-driven insights.

• AI-powered customer interactions and virtual assistants.
• Personalized property recommendations.
• Automated content generation for marketing campaigns.
• Faster response to customer queries.

• Automated design alternatives and optimization.
• Improved feasibility analysis.
• Faster documentation and proposal generation.

• Predictive analytics for project management.
• Resource allocation optimization.
• Risk identification and mitigation.
• Automated reporting and compliance processes.

• Virtual property tours.
• AI-driven support systems.
• Better post-sale engagement and service management.

• Higher productivity
• Better customer insights
• Faster decision-making
• More efficient resource utilization

• Availability of quality data
• Investment in digital infrastructure
• Employee training and change management
• Data privacy and regulatory compliance
• Integration with existing enterprise systems