This Market Review Report by Motilal Oswal quotes Deputy Director Pritika Hingorani, Senior Associate Meenaz Munshi, and Associate Rohan Shridhar's work on affordable housing. Excerpts:
"The Economic Survey 2016-17 describes an India on the move. Migration has almost doubled, to an annual flow of nine million a year for 2011-16, from 5.5-6 million a year between 2001-11. Though the survey shows the highest migration to Delhi, there were well over 90 cities in India with annual population growth rates of 3% or more. Against this, in 2012, the urban housing shortage in India was estimated to be almost 19 million homes, with the vast majority required for lower-income households. Rental housing is a critical component of the housing response in urbanizing countries..."
Read the whole report here.
Read the whole article here.