{"id":25457,"date":"2021-12-07T11:16:23","date_gmt":"2021-12-07T05:46:23","guid":{"rendered":"https:\/\/plyinsight.com\/?p=25457"},"modified":"2021-12-29T13:02:31","modified_gmt":"2021-12-29T07:32:31","slug":"possibility-of-investment-of-about-45-lakh-crore-rupees-in-the-affordable-housing-sector","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/possibility-of-investment-of-about-45-lakh-crore-rupees-in-the-affordable-housing-sector\/","title":{"rendered":"Possibility of investment of about 45 lakh crore rupees in the affordable housing sector."},"content":{"rendered":"

The level at which the investment in these projects has started increasing due to the increasing demand for affordable houses in the country. Although the pace of investment in this category is still sluggish, but in the coming times, there is a possibility of investment of lakhs of crores in this sector. Property consultancy company Knight Frank India has said that there is a need for around 35 million quality houses in urban areas. In this context, there is a possibility of investment of about 45 lakh crore rupees in the affordable housing sector.<\/strong><\/p>\n

Quoting UN figures, Knight Frank has said in a report that out of the world’s 7.9 billion population, about 4.5 billion people live in urban areas. In India, 3.5% of the urban population lives in low-quality housing. In such a situation, the country needs about 3.5 crore quality houses. Of these, about 2 crore houses will be for the economically weaker sections and 1.4 crore houses for the low income group and 1 crore for the lower-middle class.<\/p>\n

According to Knight Frank, 1,658 million square feet of land would be required to build a house on such a large scale. The construction of these houses will cost about Rs 34.56 lakh crore, while the land acquisition and other needs will require Rs 10.36 lakh crore. Overall, a huge investment of about Rs 45 lakh crore would be required to provide houses to all the needy in India. In such a situation, there is a great opportunity for private fund houses and other investors to invest in this sector.<\/p>\n

According to Knight Frank Research, currently 50 per cent of the people in the top eight cities in the last five years live in affordable houses that cost around Rs 50 lakh per house. The gloomy market conditions have also affected property sales and related prices. Affordable housing is a category that is attracting attention of all stakeholders including developers, financial institutions, investors, policy makers as well as the end customer, amid the slowdown in the market.<\/p>\n

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\n

\"\" \"Surfactant \u00a0\"Arsh<\/p>","protected":false},"excerpt":{"rendered":"

The level at which the investment in these projects has started increasing due to the increasing demand for affordable houses in the country. Although the pace of investment in this category is still sluggish, but in the coming times, there is a possibility of investment of lakhs of crores in this sector. Property consultancy company […]<\/p>","protected":false},"author":1,"featured_media":25458,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1942],"tags":[657,1861,1863,1857,443,1862,1860,1189,1859,1858,355],"class_list":["post-25457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-december-news-21","tag-developers","tag-financial-institutions","tag-houses","tag-housing-sector","tag-investment","tag-investors","tag-knight-frank-research","tag-market","tag-million","tag-population","tag-slowdown"],"yoast_head":"\nPossibility of investment of about 45 lakh crore rupees in the affordable housing sector. - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/possibility-of-investment-of-about-45-lakh-crore-rupees-in-the-affordable-housing-sector\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Possibility of investment of about 45 lakh crore rupees in the affordable housing sector. - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"The level at which the investment in these projects has started increasing due to the increasing demand for affordable houses in the country. Although the pace of investment in this category is still sluggish, but in the coming times, there is a possibility of investment of lakhs of crores in this sector. 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