By C & W Report
In the next 5 years (until 2018), new housing
demand of 2.48 lakh units is likely to arise in Ahmedabad, of which about 46 %
is slated to be in the Lower Income Group (LIG), 42 % in the Middle Income
Group (MIG) and remaining 12 % in the HIG.
Due to high growth in manufacturing setups in
the peripheral regions of the city and presence of well-established trading
activities, there is a phenomenal rise in housing demand from both current
inhabitants and increasing migrant population.
Expected supply in the next 5 years seems to be
highly skewed towards the MIG with 78 % offerings in this segment. Even with
this kind of supply infusion, the demand-supply gap in the MIG is significant
and Ahmedabad features in the list of top cities having a shortfall of housing
units catering to the MIG. In addition, the LIG demand seems completely
unattended with a massive cumulative gap of about 1.07 lakh units.
No comments:
Post a Comment