The growth rate of Residential Construction Industry is highly correlated with the economic growth. Economic growth makes people to migrate from the rural to urban areas for the search of a better living. This migration is creating increased need for their residence which is again increasing the propensity for Residential Construction Industry. Also, the need of dwelling units is going through a boom as this is considered as a very safe investment in the Indian Real Estate Market and hence progress in the residential Construction Industry is expected to continue.

Technology has affected both building techniques and the nature of the home itself with greater use of advanced automation, and a wide range of technologies that improve comfort while reducing energy costs. Usage of international norms has also changed the designing methodology and nature of home over a period of time.