Real estate emerges as fastest-growing services sub-sector, up 24.7 per cent in June
Real estate has become India's fastest-growing services sub-sector, recording a 24.7% year-on-year growth in June 2026. This expansion is part of a broader economic trend, with India's real GDP growing by 7.8% in the first quarter of FY27.
Why it matters
The data indicates robust economic health and significant investment activity in the Indian property market, signaling strong investor confidence.
Real estate emerged as the fastest-growing services sub-sector in June 2026, expanding 24.7 per cent year-on-year, according to the latest Index of Services Production (ISP) data released by the Ministry of Statistics and Programme Implementation (MoSPI).The sector recorded the highest growth among the 19 sub-sectors tracked by the index, followed by retail trade at 18 per cent, wholesale trade at 15.1 per cent, administrative and support services at 14.4 per cent, and IT and computer-related services at 13.5 per cent.Eight of the 19 sub-sectors recorded double-digit growth in June compared with the same month last year, while 18 registered positive growth, indicating broad-based expansion across the services sector.The ISP, released with 2024-25 as its base year, tracks output across 19 services sub-sectors.The strong performance in…
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