India will likely spend between Rs 5 trillion and Rs 7.5 trillion ($75-110 billion) in constructing houses and other infrastructure for its burgeoning numbers of city dwellers between 2016 and 2020, according to a report released jointly by KPMG and the National Real Estate Development Council (Naredco).

This will account for a third of the Rs 22 trillion the country is likely to spend on its construction sector by 2020, the report says. It adds that these mammoth spends present an opportunity for private investors to enter the construction market in general and the real estate market in particular.