Fourteen million in the next five years will demand new bracing hill resort
With the demand of 28 million homes will be 23 per cent in eight major cities
Increase the demand – supply gap – the current regulatory and economic and political circumstances demand during the next five years due to the wide differences in the supply of homes to be found. This difference in eight major cities is estimated to be 45 per cent.
While bracing hill resort in the country over the next five years will see strong demand on the other, indicating that the bottleneck in all regulatory and economic issues due to supply them may have to face. According to property consultants Cushman & Wakefield’s eight largest cities in the country over the next five years in 28 million homes will be needed.However, the supply side is likely to remain weak.
According to the statement of Sianddblu, 1.2 million homes across the country during 2013-17 will be needed. This estimate is based only on the growth of population in India.23 per cent of the total demand of the country’s major cities will be eight. The principal town of the National Capital Region (NCR), Mumbai, Kolkata, Chennai, Hyderabad, Bangalore, Pune and Ahmedabad.
Sianddblu “The total demand of the eight cities in the middle income group (MIG) and high income group (HIG), the highest stake. These sections will be seeking a total of 25 million homes. ” Due to the economic recovery in major cities across eight cities in the level of income during this period a total of only 300,000 low-income households will be seeking.
Besides, the top eight cities HIG and MIG segments of the supply and demand gap is estimated to be 45 per cent. During 2013-17 the eight cities MIG and HIG segment is expected to supply 14 million homes. MIG Supplies segment, while 4 million of these 10 million are at home HIG segment.
Sianddblu Executive Managing Director (South Asia) Sanjay Dutt said, “The difference between new demand and supply is expected to increase because the current economic, regulatory and political will to Viewing the decline in supply.”
He emphasized, however, that in the future the demand will be met by currently vacant stock. He said, “While demand for homes will increase in proportion to population growth in the medium term while supply is unlikely to be much faster.
“He said the land acquisition bill and the real estate regulatory bill is expected to decrease in the supply of the new bills. HIG and MIG in the NCR during the next five years, supply and demand, respectively, compared to 777 917 606 274 homes will be houses
Source : dainikbhaskar.com
Posted on October 10, 2013, in Real Estate and tagged Flats in Delhi NCR, Flats in Noida, Real Estate Company in India, Real Estate India, Sanjay Rastogi, Sanjay Rastogi Builder, Sanjay Rastogi Builders. Bookmark the permalink. Leave a comment.