Demand for mid-income housing in India remains high, but the country needs to match and meet construction timelines, realty analysts said.
Currently, the biggest opportunity in India is for people earning between Rs10,000 (Dh790) to Rs20,000 per month. There is a good immediate need for six million housing units in this income bracket, said Amit Bagaria, Chairman of Asipac Group, a real estate development services and project marketing company.
Bagaria also said there is a gross shortage of commercial properties and a massive demand in the logistics sector in India.
More : business24-7.ae
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