Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Supply gap of 31% in Ahmedabad mid-segment housing

Comments(2) Sub Category:Ahmedabad,Realty News,Residential Real Estate Posted On: Oct 04, 2012

The supply gap in mid-segment residential units in Ahmedabad has reached over 31 per cent.

The current emphasis seems to be towards high-end segment in the city. However, despite efforts to focus on the segment, high-end supply gap is also hovering at around 22 per cent, as per the latest report released by global real estate consultancy Cushman & Wakefield (C&W).

Analysts say that the total new demand that could be generated for residential dwellings in the period 2012-16 will be 11.8 million units across India, of which 18 per cent will be from the top 8 cities across different categories.

C&W states that Ahmedabad’s demand is driven largely by migrant population, along with indigenous growth in population and also re-settlers who intend to return to the city after being elsewhere across the globe.

To read more real estate news:

Rate cuts will boost housing sector demand

2 Responses to “Supply gap of 31% in Ahmedabad mid-segment housing”

  1. [...] Supply gap of 31% in Ahmedabad mid-segment housing [...]

  2. [...] Supply gap of 31% in Ahmedabad mid-segment housing Related articles [...]

Leave a Reply



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!