The Indian educational sector is currently valued at USD 117 billion and is witnessing substantial growth. While, the education sector real estate opportunity is estimated at over 4 bn. sq. ft. in India over the next ten years.
The K-12 segment plays a crucial role in this dynamic market, serving as the foundational pillar of the educational system. India has an impressive 1.49 million schools fostering K-12 education for its vast population of approximately 265 million school-going children. The country is also home to one of the world's largest higher educational systems, with an estimated 43 million students enrolling across nearly 59,000 institutions.
This is complemented by the fact that 675 million+ of India's projected urban population by 2035 will need improved access to quality education and better employment opportunities, boding well with the real estate sector, as improved access will ultimately accelerate real estate demand. Rising household spending on education, online learning platforms, and supportive government policies, such as the National Education Policy, can further fuel this expansion.
India's large talent pool, coupled with the country's emergence as a global business destination, syncs well with the current trajectory of the real estate sector. Some of the proactive policies undertaken by the government will further fuel demand for quality educational realty assets, boosting the investment ecosystem that has already gained significant momentum.
