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Indian Housing Set to Boom on Influx of Medium & Luxury Demand
With rising number of middle class and HNIs, the medium and luxury housing is set to outpace the growth of ordinary housing and will drive the market in future.
By: Shushmul Maheshwari
Presently, the affordable housing, basically targeted at economically weaker class and low income group, forms major portion of the Indian housing Industry in both value and volume terms. However, our estimations show that medium and luxury housing segments are expected to witness significant growth in the coming years. It is expected that medium housing segment will record CAGR of around 25% while luxury housing will see CAGR of nearly 33% during our forecast period (2009-2013), against CAGR of just around 4% in affordable housing.
“Indian Housing Sector Analysis” provides exhaustive information and objective analysis on the growing housing industry in India, its components and supporting financing structure. The report also discusses the market structure, current and past market performance and factors critical to the success of the housing industry in India. Detailed data and rational analysis help investors, financial service providers and global banking players to navigate through the latest trends in the Indian housing industry.
Moreover, the report provides separate and detailed analysis of three important market segments: affordable, medium and luxury housing based on the affordability, housing cost and income profile of Indians. In addition to that, our report also reveals important information to the clients like housing stock and housing shortage at present as well as in future. Not only this, it also tells which state has maximum housing shortage and which has minimum that will help clients to identify the prospective place/region for their investments. Therefore, the report is a complete solution to the clients.
For FREE SAMPLE of this report visit: http://www.rncos.com/
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RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.