Growing Government Initiatives will Boost the Housing Demand


WASHINGTON, D.C. – August 6, 2015 – (RealEstateRama) — Indian housing market segment has undergone several transformations during the past. Today, the improved housing options, growing investment opportunities, and entry of various real-estate developers have entirely revolutionized the segment after years of spontaneous development. Apartments, villas, and township projects have sprung up all across the nation, and fresh new master plans of the cities have been prepared to include several sub-urban and peripheral locations within the city. The growth in the Indian housing market will be mainly driven by the factors including government initiatives, growing middle-class population, increasing customer expectations, escalating disposable incomes along with urbanization and increasing number of nuclear families. The total housing market potential is expected to grow at a CAGR of around 28% during 2015-2020.

The growth of this housing sector is well linked by the growth of the corporate environment and the demand for office space as well as urban and semi-urban infrastructure development. The Government has taken many steps to create an environment of growth for the sector. They have allowed foreign direct investment of up to 100% under the automatic route in real estate projects. This will be for housing, townships, commercial and industrial construction to boost infrastructure activities in India.

The report, Indian Housing Sector Outlook 2020”, by RNCOS which is spread over in 145 pages provides an in-depth research and rational analysis of the Indian Housing industry with forecasts till 2020. The report has been divided into housing demand level, city level industry and vertical level segment. The housing demand level section focuses on the affordable and luxury housing demand which has been forecasted till year 2020. Whereas, the city level section provides a detailed outlook and estimation of housing launches and units sold till 2014 of various cities like Mumbai, National Capital Region, Chennai, Hyderabad, Pune and Bengaluru.

Further, the markets of various industry verticals such as tiles, modular kitchen, and construction chemical and so on, have also been forecasted. A special emphasis on the trends prevailing in the industry along with major challenges has also been provided in the report. Moreover, in order to create an insight regarding the competition prevailing in the industry, a detailed competitive landscape covering major players, such as DLF Ltd., Lodha Group, Omaxe Ltd. and so on, in the industry has also been provided. The report also contains the investment outlook in real estate industry which incorporates investment through FDI and private equity. Furthermore, this report also focuses on key factors like builders and consumers view, to analyze the current market scenario.

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