Explorer

ANAROCK's launches report on affordable housing in NCR

New Delhi [India], Dec 14 (ANI-NewsVoir): ANAROCK Property Consultants on Thursday released its definitive research report 'NCR - An Affordable Housing Goldmine' at the Delhi leg of Economic Times' ACETECH - Asia's leading trade fair for architecture, building materials, innovation and design.

The report pitches the phenomenal expansion and urbanisation rate of India's largest planned region against the real estate industry's affordable housing response. Intensely data-driven, this study lays bare the opportunities, shortcomings and challenges that Delhi-NCR presents to the real estate sector.

Anuj Puri, Chairman - ANAROCK Property Consultants said, "Affordable housing has once again taken centre-stage in all real estate forum discussion, and deservedly has the undivided attention of all industry stakeholders including developers, investors, customers and the Government."

"As India's largest urban agglomeration, Delhi-NCR is extremely important from every perspective - not least of all since it contributes as much as 7-8 percent of India's total GDP. The region's sheer size and exponential growth bring forth an immediate and ever-escalating requirement for affordable housing. This report takes a deep-dive into how appropriately the region's real estate sector has been able to address this requirement - and what factors aid or hinders this response," he added.

With the vast area under coverage and the presence of well-established services, manufacturing and automobile sectors, NCR's massive employment generation yields a very high demand for affordable housing.

This report takes a deep-dive into the supply-absorption trends of affordable housing in NCR, examines how existing policies and regulations have helped meet the huge gap, and frankly states the major challenges that impede the effective implementation of affordable housing projects in the region.

It also identifies the key hotspots for affordable housing in NCR, studies the shortfall of urban infrastructure and basic amenities in the region, and takes a sharp look at how well NCR's real estate market has re-oriented itself to the changing market conditions.

Report Highlights:

•Residential real estate: unit launches, under-construction units, supply budget segmentation, supply-absorption trends.

•Impact of policies and regulations such as PMAY, AMRUT, Smart Cities Mission, infrastructure status to affordable housing, regional policies of HUDA, DDA and GDA

•Supply-absorption trends: affordable segment's share in NCR, affordable supply-absorption break-up of units priced under Rs 20 lakh and and between Rs 20-40 lakh

•Supply as per completion timelines

•Key Hotspots

•Opportunities, challenges and outlook

(ANI-NewsVoir)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

President Appoints Governors In 5 States, Ajay Bhalla Named Manipur Guv, Arif Mohammed Khan Shifted To Bihar
President Appoints Governors In 5 States, Ajay Bhalla Named Manipur Guv, Arif Shifted To Bihar
BJP Invokes Indira Gandhi-Kishore Kumar Rift In Allu Arjun Case. Here's The Tale Of Two Legends
BJP Invokes Indira Gandhi-Kishore Kumar Rift In Allu Arjun Case. Here's The Tale Of Two Legends
Delhi Police Issues Traffic Advisory For Christmas, Security Beefed Up Around Churches
Delhi Police Issues Traffic Advisory For Christmas, Security Beefed Up Around Churches
Delhi: Congress Releases Second List Of 26 Candidates, Names Ex-AAP MLAs Asim Khan, Devinder Sehrawat
Delhi Elections: Congress Releases Second List Of 26 Candidates, Fields 2 AAP Turncoats
Advertisement
ABP Premium

Videos

Manu Bhaker expresses disappointment after not being included in Khel Ratna Award listKumar Vishwas targets Shatrughan Sinha family, sparks controversy with remarks on RamayanaDelhi Govt. issues guidelines regarding illegal Bangladeshi student admissions in schoolsSambhal News: Shahi Jama Masjid survey report won't be presented today, technical revisions ongoing

Photo Gallery

Embed widget