India’s Building Construction Landscape in FY 2024-25: A Zone-Wise Analysis – Part 1 of 7

The zonal series delves into a comprehensive analysis of new project opportunities that Biltrax Construction Data (hereafter referred to as Biltrax) has documented in FY 2024-25. It examines quarterly trends, major players, and government initiatives shaping the nation’s construction industry.

The first segment in this series focuses on building construction activity across India during FY 2024-25. The report focuses on residential, commercial, retail, hospitality, healthcare, and various other miscellaneous projects discovered & documented through Biltrax’s BX-1 platform.

Introduction

India’s construction sector continues to play a vital role in driving the country’s economic growth. As the world’s fourth-largest economy by nominal GDP, the nation is undergoing rapid urbanisation and industrial expansion. In this transformation, construction remains a foundational force, influencing infrastructure development as well as real estate investment. Within the broader real estate sector, segments such as residential, commercial, retail, and data centers have witnessed sustained growth, emerging as key assets in the country’s evolving built environment.

This momentum is reflected in the sector’s long-term outlook. Real estate, in particular, is poised for remarkable expansion. By 2047, it is projected to reach a valuation of 5.8 US$-Trillion, contributing nearly 15.5% to India’s total economic output. This long-term outlook is backed by steady policy support and capital investments. Reinforcing this growth trajectory, the Central Government increased its capital expenditure for FY 2024–25 by 11.1%, allocating 11.11 INR-Trillion (approximately 133 US$-Billion). This amounts to 3.4% of the GDP, further underscoring the government’s continued push to accelerate modern infrastructure and urban development across the country.

A major part of this growth story is the government’s continued focus on housing. Under the Pradhan Mantri Awas Yojana—Urban and Rural—an additional 3 crore homes have been sanctioned. Moreover, urban planning has emerged as a key focus area, with efforts aimed at creating more structured, efficient, and future-ready cities.

In the last financial year, the Union Government also shared its plans to work with states to shape cities into strong economic centers. This includes better transit systems, organised development of peri-urban areas, and the use of updated town planning approaches. To further support this vision, Transit-Oriented Development (TOD) plans have been introduced for 14 major cities with populations over 30 lakh. These efforts aim to reduce urban sprawl, ease traffic, and promote well-connected neighbourhoods around public transport corridors.

As India’s construction sector diversifies and expands, understanding regional dynamics through zonal analytics becomes crucial. Each of India’s six zones – North, East, West, South, Central, and Northeast – presents unique challenges and opportunities shaped by geographical, cultural, and political factors. These factors profoundly influence construction activities, from infrastructure priorities to economic development strategies.

Biltrax tracks projects zone-wise as elaborated below 

North Zone – Chandigarh, Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Ladakh, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand. For a detailed analysis of this zone, read our North Zone article.

East Zone – Andaman & Nicobar Islands, Bihar, Jharkhand, Odisha, West Bengal. To explore the construction trends in this area, refer to our East Zone article.

West Zone – Dadra & Nagar Haveli, Daman & Diu, Goa, Gujarat, Maharashtra. The key findings for this zone are detailed in our West Zone article.

South Zone – Andhra Pradesh, Karnataka, Kerala, Lakshadweep, Pondicherry, Tamil Nadu, Telangana. For comprehensive coverage of this zone, read our South Zone article.

Central Zone – Chhattisgarh, Madhya Pradesh. Read more in our Central Zone article.

Northeast Zone – Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura. Visit our Northeast Zone article for insights specific to this region.

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

Utilizing Biltrax Construction Data for Strategic Insights

Understanding these regional dynamics through zonal analytics help stakeholders gain deeper insights into regional dynamics, allowing them to identify opportunities specific to each zone’s unique characteristics.

Biltrax plays a pivotal role in tracking and analyzing construction projects across India. The platform tracked 57,299+ live construction projects nationwide. These developments collectively represent more than 17.40 Billion-SqFt of construction area, with an estimated construction cost of 10,925,379 INR-Crore (approximately 1.32 US$-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 29,661 project owners, 11,599 architecture and consultancy firms, and 6,722 construction companies. include more than 8.81 million approvals for over 17,701 leading brands active across India.

Overview

Zone	Project Nos	Construction Area (Million-SqFt)	Construction Value (INR-Crore)
West Zone	3,951	1,145	436,637
South Zone	2,080	863	323,938
North Zone	1,412	510	186,808
East Zone	1,286	153	49,070
Central Zone	382	67	26,142
Northeast  Zone	469	45	15,738
TOTAL	9,580	2,783	1,038,333

Biltrax sectoral analysis for FY 2024-25 reveals the dominant role of the private sector in India’s building construction landscape.

During the financial year, 10,853 unique companies were involved in these projects, comprising 5,859 project owners, 3,868 consultants, and 1,191 contractors. Among the leading owners, Lodha Group (Macrotech Developers)  and Godrej Properties Limited emerged as key contributors, with a strong footprint across the south and west regions of India.

In summary, Zonal analytics are key to understanding regional demand trends in India’s construction sector. With Biltrax offering real-time insights and particular project-level information, stakeholders can make informed decisions tailored to each zone’s unique dynamics. For construction material manufacturers, this means better strategic alignment, improved supply chain planning, and stronger market positioning. This approach further enhances efficiency and drives sustainable growth in India’s dynamic construction sector.

Over the next few weeks, we will elaborate on the specifics of each zone covering construction volumes & the key stakeholders in each geography. 

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

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