The report Shaping The Future: The Real Estate Vision 2030 for Karnataka and Beyond, unveiled at the CII Karnataka Real Estate Conference 2025, outlines how Southern Indian states are driving a transformative shift in real estate, aligned with India’s $30 trillion economic goal for 2047. Bengaluru, Chennai, and Hyderabad are identified as core growth engines, propelled by infrastructure excellence, strong occupier demand, and surging institutional investment. Karnataka aims to become a $1 trillion economy by 2032 by decentralizing growth, investing in R&D, and boosting manufacturing. Tamil Nadu is focusing on EVs, semiconductors, and smart industrial zones, while Telangana prioritizes biotech and aerospace. Kerala is channeling its strengths in IT and tourism for sustained development. The report stresses the importance of inclusive urban planning and scaling up Tier-II and Tier-III cities to support balanced regional growth.

The report also sheds light on the emerging potential of Tier-II cities such as Mysuru, Coimbatore, Visakhapatnam, and Kochi, which are gaining traction due to infrastructure investments and supportive state policies. Southern metros remain dominant in office leasing, particularly through the IT/ITeS sector, with Hyderabad and Bengaluru becoming key hubs for biotech and life sciences due to their R&D ecosystems. Chennai is increasingly recognized for its manufacturing prowess, particularly in electronics and EVs. Rising urban affluence and enhanced connectivity are also fueling growth in hospitality, tourism, and retail. Southern India’s real estate landscape is diversifying rapidly, supported by bold policy reforms and rising inflows of both domestic and foreign capital, pointing to a robust, multi-sectoral real estate future.