During The Period 2016-2020, Affordable Housing Market in BRIC Will Grow At A CAGR Of 7.22%
About Affordable Housing
The BRIC countries have a large and growing middle-class population with increasing disposable incomes.
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Affordable housing provides the middle and low-income population with the opportunity to own independent houses. Also, the governments in these nations provide benefits such as tax incentives to promote affordable housing development. The PPP model for the construction of affordable housing is also gaining popularity in BRIC countries. It helps developers utilize the land available with the government for multiple purposes, besides helping them get fast and easy approvals. Demand is far outstripping the supply of such housing.
Technavios analysts forecast the affordable housing market in BRIC to grow at a CAGR of 7.22% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the affordable housing market in BRIC countries for 2016-2020. To calculate the market size, the report considers the expected demand for new units across BRIC countries during the forecast period.
The market is divided into the following segments based on geography:
Russia
India
China
Technavio's report, Affordable Housing Market in BRIC Countries 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Ansal Housing and Construction
Brookfield
China State Construction Engineering
CITIC Construction
Etalon Group
Gafisa
LSR Group
Other prominent vendors
AFI Development
China Properties
China Vanke
Godrej Properties
KWG Property
MirLand Development
PIK
Rose
Shanghai Forte Land
Shapoorji Pallonji Engineering and Construction
Sino Ocean Land
Tata Housing
Market driver
Demand for affordable housing
For a full, detailed list, view our report
Market challenge
Haphazard project management
For a full, detailed list, view our report
Market trend
Adoption of PPP in affordable housing
For a full, detailed list, view our report
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