Top 8 cities to account for 18% of housing demand: C&W
Real estate consultancy firm Cushman & Wakefield have reported that the total new demand for residential dwellings during 2012–16 will be 11.8 million units across India.
Of the total demand, top 8 cities will account for 18 per cent or 2.1 million units across categories.
NCR is projected to witness the highest demand of 381,000 units in mid and high-end segments during 2012 – 2016. Bengaluru (338,546 units), Chennai (257,796 units) and Hyderabad (199,575 units) will account for approximately 45 per cent of the demand in mid and high-end segments. The other cities with high demands are - Mumbai (188,708 units), Ahmedabad (173,394 units), Pune (144,422 units) and Kolkata (77,000 units).
Ahmedabad, C&W, Chennai, Cushman & Wakefield, Delhi NCR, demand for residential dwellings, high-end segments, Hyderabad, Kolkata, mid segment, Mumbai, NCR towns, Real estate in India, rise in housing demand
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