Inherent Growth Prospects for Indian Medium Housing Market
Medium housing market potential is anticipated to grow at a CAGR of around 26% during 2011-2013, says RNCOS in its latest research report.
- (1888PressRelease) May 27, 2011 - As per our new report "Indian Housing Sector Analysis", the real estate sector in India has emerged as one of the most dynamic sectors. The country's real estate sector is witnessing changing trends with every passing day. Currently, the real estate market is flooded with low cost, medium or with luxury housing projects. Nowadays, more and more builders and developers are hooked on to medium housing segment realizing its vast potential in the country. It is anticipated that, the medium housing market potential will grow at a CAGR of around 26% during 2011-2013.
As per our research, there is a lot of potential for medium housing, especially in Tier-1 and Tier-2 cities. For example, a customer in Bangalore has a variety in terms of choice due to supply, whereas in Tier-3 cities like, Ghaziabad, Kochi, etc, a customer does not have much choice. Thus, leading to better quality offerings in Bangalore. With rising middle class population and rapid urbanization, the potential annual demand for medium-category houses is expected to escalate further in the coming years.
Besides medium housing segment, we have analyzed luxury and affordable housing segments. As per our team of experts, luxury and affordable housing projects have seen an incredible growth in the past and we foresee that, these segments will grow drastically in the coming years on the back of various reasons discussed in our report.
Further, our report reveals that, the housing industry in India has emerged as the most dynamic segment of the real estate industry. With the entry of numerous real estate developers, availability of finance options, and rising demand for residential property, housing industry has witnessed tremendous growth in the past and will continue to do so in future also.
Our report "Indian Housing Sector Analysis", analyzes factors critical to the success of the housing industry in India. We have also identified major players in the market along with their detail business description and recent activities. Besides, the report has identified up-coming industry trends and analyzed the current and past market performance of the housing industry in India.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM013.htm
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