New Delhi, June 20 -- India's housing and urban development sector is poised for a decisive transformation, as rapid urbanisation, infrastructure expansion and policy reforms converge to shape the next phase of growth, according to a recent report by KPMG.

With the urban population projected to reach around 40 per cent by 2036 and nearly half of India expected to live in cities by 2050, the choices made today in housing, planning and financing will significantly influence the trajectory towards Viksit Bharat 2047.

The report suggested that the real estate sector is increasingly being viewed not just as a growth indicator, but as a structural driver of economic expansion, job creation and urban liveability.

A key priority emerging from ...