We aim to continue expanding our footprint across both residential and commercial sectors.
Amrita Gupta
Director, Manglam Group and Founder President, CREDAI Rajasthan Women's Wing
How do you assess India’s construction industry growth scenario?
India's construction industry is witnessing remarkable growth, fuelled by rapid urbanization, infrastructure development, and government initiatives like Smart Cities and affordable housing. The rising demand for commercial spaces, residential housing, and hospitality projects has made real estate a key contributor to this growth. The push for sustainable construction, green buildings, and technological advancements in the sector further strengthen its potential. The Indian construction market was valued at US$ 641 billion in 2024 and is expected to experience strong growth, with a projected CAGR of 6.87% through 2030. India's construction sector remains a cornerstone of the country's economic progress, creating new opportunities for developers, contractors, and allied industries.
What is the role of the real estate sector and urbanization in the growth of the Indian construction industry?
Urbanization is a significant driver of India's real estate sector, which in turn plays a pivotal role in the growth of the construction industry. As more people migrate to urban areas, the demand for residential, commercial, and infrastructural projects increases, fuelling construction activity. Government initiatives like 'Housing for All' and urban infrastructure investments have boosted real estate development across Tier 1 and Tier 2 cities. Real estate's contribution to employment generation and GDP growth underscores its importance in shaping India's construction landscape. In contrast, sustainable urban planning and green construction practices have become critical for long-term growth.
What are the new developments and expansions from the company?
Manglam Group is continuously expanding its portfolio with cutting-edge projects like Manglam Radiance on Main Tonk Road, Jaipur. This luxury residential complex integrates traditional Vastu principles with modern architectural design to offer residents a unique living experience. The project includes state-of-the-art amenities like three swimming pools and opulent lobbies. In addition, Manglam Group’s ventures into hospitality, such as the Westin Jaipur, showcase our commitment to diversifying our offerings while maintaining a focus on innovation and sustainability. These developments position the company at the forefront of Rajasthan's luxury real estate market.
How do you look forward to the emerging opportunities in the market?
The real estate market is brimming with emerging opportunities, driven by rapid urbanization, government support for infrastructure, and increasing demand for sustainable housing. At Manglam Group, we are keen to capitalize on these trends by focusing on green building concepts, luxury living spaces, and high-quality hospitality projects. With India’s construction industry set to grow exponentially, we are well-positioned to lead in areas such as eco-friendly developments, Vastu-compliant architecture, and technology-driven customer experiences.
