Social issues world Habitat Day


Current State Of Housing In India



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tarix03.01.2022
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Current State Of Housing In India

  • The current housing deficit in India stands at 19 million units, which, in the absence of any meaningful intervention, is slated to double to 38 million units by 2030.

  • 95% of this deficit is around the EWS (Economically Weaker Sections) and LIG (Low Income Group) segments, which technically puts the figure at a staggering 18 million units in this category (approximately). 

  • According to one survey annual investments of the tune USD110 to 120 billionis being invested in the housing sector.

  • Annual real estate sector investments during past one decade witnessed average growth of 5 to 6 per cent.

  • Both the central and state governments are spending about USD5 to 6 billion annually, which is about three per cent of the current investments in the real estate sector, or one per cent of its annual expenditure.


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