A renewed focus on affordable housing is in order. There is plenty of demand out there; supply is more likely to be the constraint. The demand for housing units in the top 112 cities is expected be 10.5 million units during the next 7 years leading up to 2015.

1. Indicus Analytics, An Economics Research Firm
http://indicus.net/Blog/Index.php
Housing Stock and Demand
Amit Sinha
(www.indicus.net)
A renewed focus on affordable housing is in order. There is
plenty of demand out there; supply is more likely to be the
constraint. The demand for housing units in the top 112 cities is
expected be 10.5 million units during the next 7 years leading
up to 2015.
The demand for housing units in the top 112 cities is
expected be 10.5 million units during the next 7 years leading up
to 2015
The Housing Skyline of India estimates the demand for housing
units in the top 112 cities to be 10.5 million units during the next
7 years leading up to 2015. The current stock of housing units in
these cities is estimated to be 41.8 million units, which implies a
growth in housing stock of over 25% within 7 years
Of these 112, the top 30 cities will account for 60% of the
demand and are expected to add 6.36 million units during the
next 7. The current stock of housing units in these 30 cities is
estimated to be 25 million units.
http://www.indicus.net/blog/index.php/consumer_markets/amit/housing-stock-and-
demand/
http://www.indicus.net/Products/Home/Product%20Briefs/Housing%20Skyline/

2. Indicus Analytics, An Economics Research Firm
http://indicus.net/Blog/Index.php
Stock of Houses > 1000 sq feet plinth area
The top 112 Cities
Figures in
millions
Households with Plinth Area Less than 500 Sq
ft 17.0
Households with Plinth Area Between 500-1000
Sq ft 12.5
Households with Plinth Area More than 1000
Sq ft 12.3
Demand for units (2008-2015) for Plinth Area
Less than 500 Sq ft 3.5
Demand for units (2008-2015) for Plinth Area
Between 500-1000 Sq ft 3.4
Demand for units (2008-2015) for Plinth Area
More than 1000 Sq ft 3.7
http://www.indicus.net/blog/index.php/consumer_markets/amit/housing-stock-and-
demand/
http://www.indicus.net/Products/Home/Product%20Briefs/Housing%20Skyline/

3. Indicus Analytics, An Economics Research Firm
http://indicus.net/Blog/Index.php
The top 30 Cities
Figures in
millions
Households with Plinth Area Less than 500 Sq
ft 10.01
Households with Plinth Area Between 500-1000
Sq ft 7.48
Households with Plinth Area More than 1000
Sq ft 7.55
Demand for units (2008-2015) for Plinth Area
Less than 500 Sq ft 2.14
Demand for units (2008-2015) for Plinth Area
Between 500-1000 Sq ft 2.07
Demand for units (2008-2015) for Plinth Area
More than 1000 Sq ft 2.15
Whereas most of the attention of the building industry is on the
upper segment, it is middle and lower middle India which is
driving demand -
• The demand for housing of size less than 1000 sq ft is 6.2
million units over 7 years, which is 2/3rd
of the demand
• The anticipated growth in percentage terms in the lower
segments (23% combined) is lower than the upper segment
(30%), but on a base which is nearly two and a half times.
• The pattern is similar for the alpha (top 10) and beta (the
next 20) cities, implying a uniform demand for affordable
housing.
http://www.indicus.net/blog/index.php/consumer_markets/amit/housing-stock-and-
demand/
http://www.indicus.net/Products/Home/Product%20Briefs/Housing%20Skyline/

4. Indicus Analytics, An Economics Research Firm
http://indicus.net/Blog/Index.php
The above pattern indicates that a renewed focus on affordable
housing is in order. There is plenty of demand out there; supply
is more likely to be the constraint.
http://www.indicus.net/blog/index.php/consumer_markets/amit/housing-stock-and-
demand/
http://www.indicus.net/Products/Home/Product%20Briefs/Housing%20Skyline/