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.
Cumulative numbers of demand and supply for housing in eight major cities of India from 2016 to 2020
(in 1,000s)
The cities of Delhi NCR, Mumbai MMR, Ahmedabad, Kolkata, Pune, Hyderabad, Bengaluru, and Chennai are generally known as the eight major metropolitan areas in India.
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India Brand Equity Foundation. (April 30, 2023). Cumulative numbers of demand and supply for housing in eight major cities of India from 2016 to 2020 (in 1,000s) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1211868/india-housing-demand-and-supply-in-major-cities/
India Brand Equity Foundation. "Cumulative numbers of demand and supply for housing in eight major cities of India from 2016 to 2020 (in 1,000s)." Chart. April 30, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1211868/india-housing-demand-and-supply-in-major-cities/
India Brand Equity Foundation. (2023). Cumulative numbers of demand and supply for housing in eight major cities of India from 2016 to 2020 (in 1,000s). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1211868/india-housing-demand-and-supply-in-major-cities/
India Brand Equity Foundation. "Cumulative Numbers of Demand and Supply for Housing in Eight Major Cities of India from 2016 to 2020 (in 1,000s)." Statista, Statista Inc., 30 Apr 2023, https://www.statista.com/statistics/1211868/india-housing-demand-and-supply-in-major-cities/
India Brand Equity Foundation, Cumulative numbers of demand and supply for housing in eight major cities of India from 2016 to 2020 (in 1,000s) Statista, https://www.statista.com/statistics/1211868/india-housing-demand-and-supply-in-major-cities/ (last visited December 21, 2024)
Cumulative numbers of demand and supply for housing in eight major cities of India from 2016 to 2020 (in 1,000s) [Graph], India Brand Equity Foundation, April 30, 2023. [Online]. Available: https://www.statista.com/statistics/1211868/india-housing-demand-and-supply-in-major-cities/