Affordable Housing Demand Will Boost the Indian Housing Market
The housing industry in India has experienced upward movement even in the tough global economic conditions. The main reason for growth is the rising number of low and mid-income group in the country's Tier I, II and III cities. These households have the potential to make investments in the affordable houses as their purchasing power meet the value of average affordable homes. According to the report, "Indian Housing Sector Outlook 2020", with the rising population, rapid urbanization, increasing household income...
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