The housing demand in India is anticipated to grow at a CAGR of around 22% during 2011-2013, says RNCOS in its latest research report.
Noida, UP -- (SBWIRE) -- 04/25/2011 -- According to our latest report “Indian Housing Sector Analysis”, the Indian housing market has been growing quite well for the past few years and it is one of the fastest growing markets in the world. Although the market was hit hard in 2008 due to severe economic crisis across the world, the market has emerged much stronger thereafter. With the entry of numerous real estate developers, availability of finance options, and rising demand for residential property, the country’s housing industry is witnessing tremendous growth. Therefore, we anticipate that the country’s housing demand will grow at a CAGR of around 22% during 2011-2013.
Further, we have analyzed that the housing industry In India is highly fragmented. For instance, the unorganized sector, which comprises small contractors and builders, accounts for about three-fourths of the total housing units and the organized sector represents the remaining share. The organized sector mainly includes large builders and the government-affiliated entities.
Besides, we have segregated total demand into three important segments namely: Affordable housing, Medium housing, and Luxury housing. The ongoing research analysis found that, the affordable housing segment accounts for the major share in the Indian housing industry, in terms of both volume and value. Apart from affordable housing segment, other segments are also showing promising future prospects. Luxury and medium housing segment have shown a tremendous growth in the past and we anticipate that these segments will grow significantly in the coming years, on the back of various reasons discussed in our report.
Our report “Indian Housing Sector Analysis”, analyzes factors critical to the success of the Indian housing industry. It is a comprehensive report that provides an insight into the structure and trends of the housing sector in India. The report also provides valuable information of different industry parameters, such as Total Housing Units, Flat & Independent Houses, and Types of Ownerships. Detail data and rational analysis will help investors, financial service providers, and global players to navigate through the latest trends in the Indian housing industry.
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.