Thu, Nov 27, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | REITs more

India: REITs may help solve real estate problem

Posted on 05 March 2013

India faces shortage of fresh supply of houses, the Technical Group on the Estimation of Housing Shortage, projects the total shortage of dwelling units in urban areas in 2012 to be 18.78 million, said a report by Knight Frank Research.
The estimated slum population in India is 94.98 million in 2012. As against this, the number of dwelling units sanctioned under JNNURM during a seven-year mission period was 1.6 million. The report further said, by 2031, about 600 million Indians will reside in urban areas, an increase of over 200 million in just 20 years. This change in the socio-economic landscape will have a bearing on several things, housing being the foremost………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930