Delhi-NCR: Housing Demand & Supply in 2014 to 18 ..!

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. 

Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

9 REASONS WHY THE MARKET IS FALLING..!

9 REASONS WHY THE MARKET IS FALLING..!   1 WEAK CORPORATE EARNINGS - QUARTER 2   2 CPI HOTTER THAN EXPECTED   3 S...