Affordability to Drive Housing Demand in India

Affordable housing market potential is anticipated to grow at a CAGR of around 13% during 2011-2013, says RNCOS in its latest research report.

Noida, India (prHWY.com) December 20, 2010 - According to our latest report "Indian Housing Sector Analysis", housing industry in India has emerged as the most dynamic segment of the real estate industry. Despite tough global economic conditions, housing industry in India has experienced upward growth trend, specifically in affordable housing segment. It is anticipated that the affordable housing market will continue to account for the maximum share in the total housing demand by 2013 and the market will grow at a CAGR of around 13% during 2011-2013.

As per our research, main reasons for the growth of affordable housing segment are increasing number of low and mid-income group in the country's Tier I, II, and III cities and continuous government support. Besides, various other strong fundamental drivers discussed and analyzed in the report will enable this segment to sustain its upward growth trend in the coming years.

Apart from affordable housing segment, various 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.

The report further reveals that despite financial crisis of 2008, Indian housing industry will continue to hold its fundamental level and will emerge as the fastest recovering housing industry across the globe.

Besides, our report presents important information on segments like, housing stock, industry verticals like, faucets, tiles, paints, cement & steel, furniture, etc. along with their current and future demand scenario. This will help clients identify the prospective industry for their investments.

"Indian Housing Sector Analysis" provides comprehensive information and objective analysis on the growing Indian housing industry, its components, and supporting financing structure. It also facilitates clients to evaluate factors responsible for the development of Indian housing industry along with brief overview of current and past market trends. The report also outlines the market structure, demand drivers, and competitors to understand the market dynamics.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM013.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com/promotion.htm

About RNCOS:

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.

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Tag Words: india housing market

Categories: Business

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