Demand and supply for housing in major cities of India 2016-2020
From 2016 to 2020, the cumulative demand for residential housing among the low income group of the eight biggest cities of India was 1.98 million housing units, whereas the supply was only 25,000 units. Thereby, there existed a significant gap between demand and supply in this income group. The gap is much smaller in the middle and high income groups. In the latter group, a demand of 717,000 units faces a supply of 351,000 units.
