Ideas That Generate Results
Indian Housing Sector Outlook 2018
India is one of the fastest growing real-estate market in the world, which is not only attracting domestic real-estate developers, but also the foreign investors to invest in multi-dimensional projects including commercial as well as residential. Moreover, real-estate industry in India is addressing the demand for built-up space, from a variety of property segments, such as offices, housing units, shopping malls, hospitality industry, manufacturing sector and logistics parks, in which housing sector is undergoing a significant growth.
Our new report, “Indian Housing Sector Outlook 2018”, observed that the Indian housing industry has shown strong growth over the past few years. Moreover, with rising purchasing power, continuously rising population, growing aspirations, increasing nuclear families, rapid urbanization, government’s intervention to provide easy loans, and so on, the housing sector in India is anticipated to register a strong growth in the coming years.
Our research is an outcome of extensive primary and secondary research and thorough analysis of industry trends. For the study, we have conducted interviews with various industry experts. We have also studied industry verticals (such as tiles, electrical switch, modular kitchen, bathroom fittings & sanitaryware, etc.), for which, we interviewed dealers/shop owners of these products, and consumers all over India to embrace various aspects of the industry trends in the report.
The report is segmented into two parts: Affordable and Luxury housing. The report provides forecast of housing market potential in each section, along with housing demand potential till 2018. It is observed that luxury housing is registering maximum growth, owing to increasing HNI (High Net-worth Individuals) population and growing aspirations of people looking for luxury lifestyle. The real-estate developers are also focusing on luxury housing, due to high profit margins available in this segment.
In this report, we have also included market forecast on tiles, electrical switch, cement, paint, bathroom fittings and sanitaryware, furniture, flooring, MCB and modular kitchen industries, which will help industry and its related players to get the complete hawk-eye view of the industry. The report further provides list of major players and share of organized/unorganized sector for these industries. Additionally, regional analysis of the tile, electrical switch, cement, flooring and modular kitchen market, with a focus on consumer preference is also covered.
Besides, the report also includes city-level analysis (Mumbai, National Capital Region, Chennai, Hyderabad, Pune and Bengaluru) to help the industry players to monitor the estimated housing supply in these cities.
Additionally, the report identifies and rates various factors influencing the customers in selecting a housing project, based on the comprehensive survey done by us. On the similar lines, we also conducted a survey on various developers to study the factors considered by them before choosing raw materials for construction. The information is to help the industry players to understand the market behavior from both perspectives (consumers’ as well as developers’).
The report also discusses the constraints that may pose a major challenge in the exponential growth route of the industry in the future. Furthermore, the report provides profiling of the major players including DLF, Unitech, Omaxe, Tata Housing, Puravankara, EMAAR MGF, Ansal Housing and Sobha Limited, which will help clients to gain insights on their overall business, recent activities and their strengths and weaknesses. Overall, the report presents optimum information and balanced research outlook on the potentials of the Indian housing sector.