India’s Building Construction Industry in Q4 FY 2024-25: A Zone-Wise Analysis

In this analysis, Biltrax Construction Data provides insights into India’s building construction landscape for Q4 FY 2024-25. This report focuses on residential, commercial, retail, hospitality, healthcare, and various other miscellaneous projects discovered & documented through the BX-1 platform. It examines quarterly trends, major players, as well as government initiatives shaping the nation’s construction industry.

Utilizing Biltrax Construction Data for Strategic Insights

Across India’s diverse geography, construction trends vary significantly from one region to another. Understanding these regional nuances is essential for industry stakeholders aiming to navigate the landscape effectively. Zonal analytics thereby, offer stakeholders the strategic advantage of identifying region-specific opportunities helping them further make data-driven decisions rooted in the unique characteristics of each zone.

As a leading intelligence platform in India’s construction landscape, Biltrax plays a critical role in monitoring these zonal analytics. As of Q4 FY 2024–25, the platform tracked 56,884+ live construction projects nationwide. These developments collectively represent more than 17.58 Billion-SqFt of construction area, with an estimated construction cost of 10,975,772 INR-Crore (approximately 1.29 USD-Trillion). This extensive dataset represents a significant %age of India’s construction ecosystem, further offering stakeholders valuable insights into emerging trends and regional developments.

Additionally, our comprehensive coverage includes information on 24,535 project owners, 10,814 architecture and consultancy firms, and 6,063 construction companies. include more than 8.23 million approvals for over 17,500 leading brands active across India.

Overview:

In Q4 of FY 2024-25 (January-March 2025) Biltrax’s BX-1 platform documented nearly 2,471 building construction projects across India. These projects collectively span an anticipated construction area of 678.73 Million-SqFt, with an estimated construction cost of 249,335 INR-Crore (approximately 30.04 USD-Billion). During this period, 3,546 companies were also mapped, including 1,847 project owners and 1,599 consultants. Additionally, BX-1 recorded 929 tenders, with more than 679 still active, along with 1,013 awarded contracts estimated at 78,410.13 INR-Crore.

Sector-Wise Distribution

Similar to the last three quarters, the private sector lead the developments during the last quarter of FY 2024-25. Our BX-1 platform identified nearly 1,654 private sector projects, collectively spanning 537.75 Million-SqFt in construction area. The total estimated construction cost for these developments stood at 195,894 INR-Crore. These involved a range of participants, including private developers, clients, and hospitality management firms. 

Meanwhile, the public sector and public-private partnerships (PPP) contributed 817 projects. These span a total anticipated 140.99 Million-SqFt of construction area, with a combined construction cost of 53,441 INR-Crore. This included 11 Public–Private Venture projects valued at 1,717 INR-Crore. Public sector activity comprised projects driven by government agencies, government developers, and government clients.

Zone-wise Distribution 

Biltrax tracks projects zone-wise as elaborated below 

Zone	Project Nos	Construction Area (Million-SqFt)	Construction Cost (INR-Crore)
West Zone	971	265.98	93,702
South Zone	544	194.79	74,489
North Zone	410	140.62	47,078
East Zone	268	37.81	14,635
Central Zone	103	23.69	13,163
Northeast Zone	175	15.84	6,268
Total	2,471	678.73	249,335

The West zone continued to lead in Q4 FY 2025, contributing 971 building construction projects collectively valued at 93,702 INR-Crore. This sustained its position from the first three quarters of the fiscal year.

Also Read: India’s Building Construction Industry in FY 2023-24

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A. North Zone

Building Construction Projects in the North Zone (Q4 FY 2024-25)

Leading States in the North Zone

Since Q2 FY 2024-25, Uttar Pradesh remained the leading state in the North zone. In Q4 alone, the state recorded 163 building construction projects spanning 60.63 Million-SqFt. The total construction cost stood at 20,207 INR-Crore, accounting for nearly 43% of the zone’s overall construction value.

BX-1 also recorded the highest number of tenders in Uttar Pradesh during the said quarter, totaling 130 tenders. These were valued at an estimated 5,700 INR-Crore, representing 47% of the North zone’s total tender value.

State	Project Nos	Construction Area (Million-SqFt)	Construction Cost (INR-Crore)	%age Construction Cost
Uttar Pradesh	163	60.63	20,207	42.92%
Haryana	64	30.22	10,811	22.96%
Punjab	43	21.78	6,858	14.57%

Also Read: India’s Industrial Landscape in FY 2023-24: A Zone-wise Analysis

The identified land parcels include 2.4 Ha in Ghaziabad, 31 Ha at Duhai Depot, 9.7 Ha in Bhaisali, Meerut, and 31 Ha at Modipuram Depot.

Key Stakeholders in the North Zone (Based on Construction Cost)

During the fourth quarter of FY 2024-25, Biltrax documented 254 project owners and 226 consultants in the North zone. Among them, NBCC (India) Limited played a significant role, undertaking 12 projects as a government developer, with a total value of 8,244 INR-Crore. Additionally, the company is serving as a Program/Project Management Consultant (PMC) for 12 building projects, amounting to 4,280 INR-Crore.

Furthermore, BX-1 tracked 35 contracts awarded by NBCC (India) Limited, totaling 14,617.51 INR-Crore. Of these, 18 contracts for General/Turnkey/EPC Contractors made up 14,347 INR-Crore. 
Meanwhile, Gian P Mathur & Associates Private Limited (GPM) is serving as the design architect for 8 projects worth 3,084 INR-Crore. The firm is also engaged as the structural engineer for 4 projects. These are – two NBCC redevelopment projects — GPRA Colony Package VII A & B in Sarojini Nagar, New Delhi.

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B. Northeast Zone

Building Construction Projects in the Northeast Zone (Q4 FY 2024-25)

Additionally, BX-1 monitored 125 tenders in the said zone during the last quarter, representing a total tender value of 5,573 INR-Crore. 

Leading States in the Northeast Zone

Assam emerged as the key driver of building construction in the Northeast zone during Q4 FY 2024-25, with 87 projects tracked. These developments covered 6.51 Million-SqFt and were valued at 2,355 INR-Crore, making up more than 37.57% of the zone’s total construction value. Additionally, Assam accounted for 35.79% of the awarded contracts mapped in the Northeast zone. This further highlights the state government’s ongoing commitment to building projects.

State	Project Nos	Construction Area (Million-SqFt)	Construction Cost (INR-Crore)	%age Construction Cost
Assam	87	6.51	2,355	37.57%
Meghalaya	17	4.19	2,241	35.75%
Arunachal Pradesh	46	2.53	789	12.59%

Key Stakeholders in the Northeast Zone (Based on Construction Cost)

The Northeast zone saw significant activity last quarter, with BX-1 mapping 87 project owners and 73 consultants involved in 175 projects. The platform mapped a total 15 Eklavya Model Residential School projects during this period. Meghalaya Infrastructure Development & Finance Corporation Ltd (MIDFCL) is undertaking 13 of these across various districts of Meghalaya. Meanwhile, Arc Test House & Consultants LLP is serving as the Design Architect and Program/Project Management Consultant (PMC) for all these projects.

Biltrax mapped 48 design architects among the total consultants. Notable firms included Archogen Design Studios, Collage Design, and AXYKno Capital Services Pvt Ltd—each involved in projects valued between 200 and 215 INR-Crore.

During the same period, authorities issued 125 tenders, of which 116 specifically aimed to select contractors. A key development was the 30 tenders issued by the Public Works (Building & NH) Department (PWD), Assam, collectively worth over 840 INR-Crore.

Also Read: Construction Landscape of India’s Roads & Highways Sector in FY 2023-24

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C. East Zone

Building Construction Projects in the East Zone (Q4 FY 2024-25)

Leading States in the East Zone

West Bengal dominated the East zone during the last quarter in building project count, marking a shift from the previous quarter. The state implemented 103 building projects spanning 14.65 Million-SqFt. These were worth a total 5,332 INR-Crore, contributing over 36% of the zone’s total construction value.

State	Project Nos	Construction Area (Million-SqFt)	Construction Cost (INR-Crore)	%age Construction Cost
West Bengal	103	14.65	5,332	36.43%
Jharkhand	52	6.54	4,365	29.83%
Odisha	59	10.39	3,313	22.64%

Additionally, West Bengal is poised for significant growth in the hospitality and tourism sector. The state has planned substantial investments over the next two years. Principal Secretary – Home and Tourism, Nandini Chakravorty, announced that the government will add 40 new luxury hotels to its organized room inventory. These additions are set to attract investments worth 5,770 INR-Crore.

As part of this push, the government will develop 10 luxury hotels in and around Siliguri. This will further enhance the region’s tourism infrastructure. In addition, the state is actively promoting MICE tourism—focusing on Meetings, Incentives, Conferences, and Exhibitions. It has identified cities such as Asansol, Durgapur, and Digha to lead this effort. Through these initiatives, West Bengal aims to establish itself as a top destination for both business and leisure travelers.

Key Stakeholders in the East Zone (Based on Construction Cost)

In Q4 FY 2024-25, BX-1 identified 215 project owners in the East zone. Notably, Krishna Group & Paramitra Smart Infra SNA Private Limited were each engaged in developing a residential project, worth more than 450 INR-Crore. During this period, our platform also identified 101 design architects involved in 136 projects. Of these, MS Architects & Structural Consultants and Arch EN Design emerged as the top firms. These firms contributed to projects valued at 458 INR-Crore and 360 INR-Crore, respectively.

Additionally, BX-1 mapped 17 tenders issued by the Building Construction Department (Bihar) and 14 awarded contracts worth 481 INR-Crore. Raj Construction (Ranchi) and Tribeni Constructions Limited emerged as the top awardees, securing major contracts in the healthcare and education sectors.

Also Read: India’s Water Supply & Distribution Landscape in FY 2023-24

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D. West Zone

Building Construction Projects in the West Zone (Q4 FY 2024-25)

Leading States in the West Zone

Maharashtra was the leading contributor to construction activity in the West Zone, representing over 72% of the zone’s total construction value. During Q4 FY 2024-25, BX-1 mapped 638 building projects in Maharashtra alone, with a combined construction cost of 68,140 INR-Crore.

The Maharashtra Government is actively driving infrastructure growth by unlocking the potential of state-owned land for real estate development. As part of this initiative, the government has invited real estate developers to participate in projects on 3,360 Acres of land owned by the Maharashtra State Road Transport Corporation (MSRTC). These parcels will be developed under Public-Private Partnership (PPP) models on a build-operate-transfer basis. The plan includes developing commercial properties such as offices, hotels, shopping centers, and retail spaces, along with the construction of 100-bed hospitals at district-level sites and facilities for MSRTC operations. 

Key Stakeholders in the West Zone (Based on Construction Cost)

BX-1 identified 848 project owners and 802 consultants in the West zone during the previous quarter. Notably, 768 private developers were mapped. Kolte Patil Developers Limited, Raheja Universal, and Godrej Properties Limited emerged as significant contributors, particularly in Maharashtra. Each of these developers is involved in projects valued at over 1,380 INR-Crore.

Among the design architects, Mansi Shah Architect and Spacecitiz Design Studio were together involved in 14 building projects in Gujarat. Meanwhile, K C Shah & Consultants and SK Consultants & Engineers were among the top structural engineers, particularly in Maharashtra. K C Shah & Consultants is engaged in 4 projects with a construction cost of 950 INR-Crore, while SK Consultants & Engineers undertook 12 projects worth 761 INR-Crore.

The zone witnessed significant activity primarily by the Public Works Department, Maharashtra (PWD). The platform recorded 44 tenders issued by the department, amounting to 1,283 INR-Crore, along with 160 awarded contracts valued at 2,343 INR-Crore. BG Shirke Construction Technology Private Limited secured 4 major contracts with a combined value exceeding 1,200 INR-Crore. Three of these were awarded by the Maharashtra Housing and Area Development Board (MHADA).

Also Read: India’s Building Construction Industry in Q3 FY 2024-25

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E. South Zone

Building Construction Projects in the South Zone (Q4 FY 2024-25)

Leading States in the South Zone

Karnataka led the zone in terms of construction cost, with projects worth 35,373 INR-Crore—about 47% of the zone’s total. Telangana followed with 109 projects totaling 25,225 INR-Crore, contributing nearly 34%.

State	Project Nos	Construction Area (Million-SqFt)	Construction Cost (INR-Crore)	%age Construction Cost
Karnataka	193	88.79	35,373	47.49%
Telangana	109	66.28	25,225	33.86%
Tamil Nadu	110	20.43	6,752	9.06%
Andhra Pradesh	82	13.67	5,414	7.27%

Key Stakeholders in the South Zone (Based on Construction Cost)

In Q4 FY 2024-25, BX-1 recorded 434 project owners in the South zone. IRA Realty Tech Private Limited and E-Infra collaborated on a major development worth nearly 3,600 INR-Crore. Meanwhile, Vishwa Samudra Group and Birla Estates each undertook projects exceeding 1,850 INR-Crore in construction costs.
During this period, the platform also recorded 340 consultants, including 182 design architects. RSP Design Consultants India Private Limited played a notable role, contributing to projects worth over 4,000 INR-Crore. Furthermore, the Andhra Pradesh Capital Region Development Authority (APCRDA) contributed for 30% of the total tender value.

Also Read: India’s Transport & Sports Infrastructure Landscape in Q2 FY 2024-25

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F. Central Zone

Building Construction Projects in the Central Zone (Q4 FY 2024-25)

Leading States in the Central Zone

Madhya Pradesh was a standout state in the Central zone during the last quarter of FY 2024-25. The state undertook 73 projects, contributing over 88% of the zone’s total construction value. These stood at 11,627 INR-Crore. Additionally, BX-1 recorded 55 awarded contracts and 52 tenders in the state during this period.

State	Project Nos	Construction Area (Million-SqFt)	Construction Cost (INR-Crore)	%age Construction Cost
Madhya Pradesh	73	18.41	11,627	88.33%
Chattisgarh	30	5.28	1,536	11.67%

In efforts to transform Ujjain, the Madhya Pradesh Government is planning to develop a spiritual city, spanning 3,300 Ha. The proposed city will include schools, colleges, hospitals, and lodging (dharamshala). It aims to create a well-rounded ecosystem for residents as well as visitors. The project also opens avenues for private sector participation.

Key Stakeholders in the Central Zone (Based on Construction Cost)

Among the 41 developers registered in the Central zone, 17 were government entities. Notably, the Chhattisgarh Housing Board (CGHB) and Nava Raipur Atal Nagar Vikas Pradhikaran (Naya Raipur Development Authority) are each undertaking commercial projects valued at over 100 INR-Crore. Madhya Pradesh Police Housing & Infrastructure Development Corporation (MPPHC) is actively executing 17 building projects. 

Of the total tenders mapped, two from NBCC (India) Limited stood out, with a combined project value of 6,516 INR-Crore. Additionally, out of the 63 contracts recorded, 31 were awarded by the Public Works Department, Madhya Pradesh (MP PWD), and Madhya Pradesh Housing & Infrastructure Development (MP Housing). Together, these accounted for nearly 50% of the zone’s total contract value.

Also Read: Over 1,309 New Construction Projects Tracked in February 2025

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Zonal analytics play a vital role in understanding regional trends, providing stakeholders with key insights to navigate the complexities of the building construction sector. Leveraging data from Biltrax, industry professionals can access timely and comprehensive intelligence on projects nationwide. As local patterns shift, these insights enable informed decision-making aligned with emerging regional opportunities.

Thank you for following along with our in-depth analysis of each zone’s building trends and developments. Stay tuned for our upcoming series to explore the construction trends in India’s sports & transport infrastructure sector.

Contact us today to learn more about how we can help you succeed in the construction industry.

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To explore our previous analyses, also refer:

Series 1: India’s Building Construction Industry in FY 2023-24: A Zone-wise Analysis

2nd Series: India’s Construction Industry in Q1 FY 2024-25

Series 3: India’s Infrastructure landscape in Q2 FY 2024-25

3rd Series: India’s Building Construction Industry in Q3 FY 2024-25

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