By C & W Report
Delhi - NCR is expected to witness the highest
demand of around 8.19 lakh units across all segments during 2014 - 2018.
Delhi-NCR’s economy thrives on a plethora of activities like the services
including IT - ITeS and BFSI, the public sector undertakings and government
administrative units & manufacturing units of varied scale.
Good employment opportunities along with a
large geographical spread leads to massive housing demand in Delhi-NCR. About
81 % demand is likely to arise from the Lower Income Group (LIG) & Middle
Income Group (MIG), with an equal contribution from both segments.
Delhi-NCR is likely to have the highest supply
of about 5.16 lakh units slated to be delivered in the next 5 years. About 60 %
of the supply will cater to the MIG & an additional 30 % to the Lower
Income Group (LIG).
With increasing population, rapid urbanization
and increasing industrialization, the demand for the LIG housing units is
likely to grow higher in the future periods.
