Ownership Housing

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This is the second in a series of data tales that looks into the India Human Development Survey (IHDS) panel dataset (2005-06 and 2011-12) to portray certain trends on the nature and profile of house ownership, renting and purchase in urban India. This part looks into the variation in the ownership of new houses based on size of houses and size of the households, to get an idea about which segment of the housing market has become more preferable than others over time.

This is the first in a series of data tales that looks into the India Human Development Survey (IHDS) panel dataset (2005-06 and 2011-12) to portray certain trends on the nature and profile of house ownership, renting and purchase in urban India. While the previous series provided a comprehensive picture of housing supply in urban India, this one will focus more on the demand side parameters; such as profiles of buyers and renters in the housing market of these cities.

The private residential real estate market in urban India is diverse, and housing typologies vary within and across geographies. This is the third in a series of data pieces highlighting some of the characteristics of private real estate market in India across selected geographies between 2009-2019, based on data provided by Liases Foras, India’s only non-broking real-estate research company.

The private residential real estate market in urban India is diverse, and housing typologies vary within and across geographies. This is the second in a series of data pieces highlighting some of the characteristics of private real estate market in India across selected geographies between 2009-2019, based on data provided by Liases Foras, India’s only non-broking real-estate research company.

Smaller buildings and stand-alone houses are a prominent category in the urban scape of Kolkata, where real estate has emerged as the one of the primary modes driving the urbanization process. While large residential complexes within and outside the municipal limit have dominated popular imagination due to the speculation involved in acquisition of larger lands for real estate, there has been less attention on single stand-alone buildings that are being converted to vertical housing in last decade or more. This trend has been driven by a combination of factors that include municipal interventions, the increasing desire of middle classes for vertical housing, and an active market for redevelopment of small plots.

Providing housing that is safe, affordable, and accessible creates vibrant communities around it and a more secure and just world for all. It also contributes to building resilient cities strong enough to withstand adverse environmental conditions and disasters. The COVID-19 induced pandemic has further put a premium on the importance of putting a roof above one’s head.

However, despite the potential and size of the Indian affordable housing market, not many developers have been able to successfully make a sustainable business case out of it. This article analyses the challenges and opportunities for smaller and local developers to expand their footprint in this market, and outlines a framework for its execution.

The private residential real estate market in urban India is diverse, and housing typologies vary within and across geographies. This series of data pieces will try to highlight some of the characteristics of private real estate market in India across selected geographies between 2009-2019, based on data provided by Liases Foras, India’s only non-broking real-estate research company.

The pattern of house ownership in India varies significantly between rural and urban areas. As against 95% in rural areas, only 69% of the total households in India own houses. This pattern is not surprising as a large share of the total urban population are migrants. This note provides an overview of the house ownership in urban India.

The COVID-19 pandemic has badly affected the real estate sector in India, which was already struggling with a number of issues including sluggish sales. To get an understanding of what this means for the housing market, the IHR team spoke to Pankaj Kapoor, Managing Director, Liases Foras, which conducts data-driven market research on the real estate sector in India. We asked him about the effects of the pandemic and future prospects for the sector, which is an important supplier of housing in India.