India’s Building Construction Industry in FY 2023-24: A Zone-Wise Analysis – Part 1 of 7

Navin Rajpal Jul 09, 2024 0

This series delves into a comprehensive analysis of new project opportunities that Biltrax Construction Data (hereafter referred to as Biltrax) has documented through the BX-1 platform in FY 2023-24. It examines key trends & players across different zones of the country.


India’s construction industry has seen remarkable growth in recent years, positioning it to become the world’s third-largest construction market within the next 3 years. According to reports, India’s overall construction value is projected to reach USD 1.4 trillion by 2025. In 2023, India’s construction sector was the 6th largest recipient of Foreign Direct Investments (FDI).

The inflows in the infrastructure segment between April 2000 to March 2024 totaled USD 33.91 billion. This influx of investment has significantly bolstered the sector, which now contributes 9% to India’s overall GDP. It employs over 51 million people.

As India’s construction sector diversifies and expands, understanding regional dynamics through zonal analytics becomes crucial. Each of India’s six zones – North, South, East, West, Central, and North-East – 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 – Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand, Chandigarh, Ladakh

– North East Zone – Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura

– East Zone – Andaman & Nicobar Islands, Bihar, Jharkhand, Orissa, West Bengal

– West Zone – Dadra & Nagar Haveli, Daman & Diu, Goa, Gujarat, Maharashtra

– South Zone – Andhra Pradesh, Karnataka, Kerala, Lakshadweep, Pondicherry, Tamil Nadu, Telangana

– Central Zone – Madhya Pradesh, Chhattisgarh

Also Read: Driving Growth & Success – Biltrax’s Mission & Vision for the Construction Industry

Utilizing Biltrax Construction Data for Strategic Insights

Understanding these regional dynamics through zonal analytics allows stakeholders to make informed decisions and identify opportunities tailored to each zone’s unique characteristics.

Biltrax plays a pivotal role in tracking and analyzing construction projects across India. As of June 2024, Biltrax monitors 50,507 live construction projects. These encompass more than 16.80 Billion-SqFt of construction area and a total estimated construction value of INR 9,580,862 Crore (USD 1.13 trillion). In terms of construction value, these projects account for a significant %age of India’s construction industry, highlighting Biltrax’s comprehensive coverage and crucial role in the sector. Our extensive coverage includes information on 25,114 project owners, 9,568 architectural and consulting firms, and 4,870 construction firms, with over 6.14 Million approvals covering over 16,000 prominent brands active in India

During FY 2023-24, Biltrax documented 9,501 building projects covering 2.53 Billion-SqFt & 937,342 INR-Cr of construction value. Our zonal analysis for the last financial year highlights diverse construction activities across India’s six zones. The West Zone leads with the highest construction area (990.29 Million-SqFt) and construction value (372,698 INR-Crore), accounting for over one-third of India’s total construction value. The South Zone follows, excelling in average project value and size, indicating significant mixed-use developments.

ZoneProject NosConstruction Area (Million-SqFt)Construction Value (INR-Crore)%age Construction Value
North Zone1492468.42173,16718.47%
North East66067.5820,9462.23%
East Zone1309196.1063,1766.74%
West Zone3853990.29372,69839.76%
South Zone1637737.25283,58430.25%
Central Zone55077.3923,7712.54%

In summary, zonal analytics play a pivotal role in deciphering these regional dynamics, offering insights that are essential for stakeholders to navigate this complex landscape. By leveraging data from Biltrax Construction Data, industry players gain access to detailed, real-time information on construction projects across India. With Biltrax’s robust analytics and detailed reporting, construction material manufacturers can effectively plan and execute their strategy, ensuring they are aligned with regional demands and opportunities. This approach 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.

Biltrax Construction Data is tracking 31,000+ projects on their technology platform for their clients.

Get exclusive access to upcoming projects in India with actionable insights. Gain a further competitive advantage for your products in the Indian Construction Market.

Visit or email us at to become a subscriber and generate leads.


Leave a Reply

Your email address will not be published. Required fields are marked *