Thursday, 13 November 2014

13 million more urban housing demands by the end of 2018

13 million units by the end of 2018 more urban housing demand conditions are likely to remain, part of which about 1/4 of the country's top eight cities demand is likely to remain. Property consultant Cushman and Wakefield, citing the above facts it is clear that the reported number and increase in demand is already available Anapurthy. The Ministry of Housing and Urban Poverty Alleviation, 2012, according to estimates from the lack of housing, approximately 18.78 million units all over the country were. Cushman and Wakefield is explained in a statement that the country's potential for urban housing in new demand by the end of 2018 due to increase in population density in urban centers close to 13 million units, demand is likely to remain. Consultants have pointed out that the additional demand, the top 23 percent or 2.95 million units in eight cities together are supposed to produce.
The Delhi-NCR at present, Mumbai, Kolkata, Chennai, Pune, Hyderabad, Bangalore and Hyderabad in eight cities has been estimated 1.31 million housing supply. In the MIG (middle income group) expressed the most 1.08 million units is likely to be sought, then the low income group (LIG) close to 1.05 million units and HIG (high income group) to 0.52 million units expected to be is. During the year 2014-18 the highest demand in Delhi NCR are recorded under which about 818 600 units.
Consultants say the wake of supply by the end of 2018 the supply of housing units required in the top eight cities, which are under construction and pre-planned residential units are estimated, the number is 1.31 million. Delhi-NCR around 516 000 units in the next five years, most supply, is then followed by Bangalore where nearly 243 000 units and is then followed by a sequence of Mumbai, where nearly 203 000 units.

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