Increasing Nuclear Families Driving Housing Demand

Increasing trend of nuclear families is boosting the development of Indian housing sector, says RNCOS.

NOIDA, India (prHWY.com) November 5, 2012 - According to our new research report, "Booming Housing Sector in India", the emergence of nuclear families, and decrease in average size of families over the last two decades have transformed the picture of housing sector in India. This growth in the number of nuclear families is leading to an increase in the number of households, thereby initiating a strong demand for housing units in the country. During our research and analysis, it was revealed that the increasing trend of nuclear families in India has triggered the need for quality housing solutions. Moreover, in their quest for an independent and good quality lifestyle, the housing sector is likely to flourish in India.

The report also found that continuously rising population, growing aspirations and rapid urbanization have boosted the demand for residential property in India. The demand for residential property in India has emerged as a major growth area for a large number of developers and the trend is expected to continue in future as well. The sector is not only attracting domestic real-estate developers, but also the foreign investors. As per our analysis, it is anticipated that the demand for housing units is expected to register a significant growth of more than 40% during 2012-2014.

The report also facilitates detailed information on housing market structure comprising of number of housing units, rooms, and ownership of flats by type. A comprehensive study on housing demand analysis segmented into Affordable, HIG, and Luxury housing has also been included in our report. Forecasts on faucets, tiles, switch, cement and steel, paint, bathroom fittings, furniture, floorings and modular kitchen industries are also offered in our report to help the related industry players to obtain a complete 360 degree view of the industry. Besides, the report also includes city-level analysis (Mumbai, Delhi/NCR, Chennai and Kolkata) will facilitate the industry players to monitor the estimated housing supply in these cities.

Additionally, it sheds light on technological developments that will help developers in tracking new and emerging technological innovations, as cutting prices is not always the right move to compete in the market. Based on our primary research that includes a survey of around 900 respondents, we identified and rated various factors influencing the customers in selecting a housing project. On similar lines, we also conducted a primary survey on various developers to study the factors considered by them before choosing raw materials for construction. This will help the industry players in understanding the market behavior from both ends (consumer and developer).

The report also discusses the challenges hindering the exponential growth route of the industry for future. Furthermore, a snapshot of business profiling of the major players including DLF, Unitech, Omaxe, Tata Housing, Puravankara, EMAAR MGF, Ansal Housing and Sobha Developers will help the clients to gain insights on their overall business, recent activities, and their strengths and weaknesses. Overall, the report presents optimum information and balanced research outlook on the potentials of the Indian housing sector.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM449.htm

Some of our Related Reports are:

- India Affordable Housing Market Analysis (http://www.rncos.com/Report/IM444.htm)
- India Luxury Housing Market Analysis (http://www.rncos.com/Report/IM447.htm)
- Indian Cement Industry Outlook 2015 (http://www.rncos.com/Report/IM419.htm)
- Indian Paint Industry Forecast to 2015 (http://www.rncos.com/Report/IM408.htm)
- Indian Housing Sector Analysis (http://www.rncos.com/Report/IM013.htm)

Check Related REPORTS on: http://www.rncos.com/Other-Industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: indian housing sector

Categories: Real Estate

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