DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/kwdgtt/affordable) has announced the addition of the "Affordable Housing Market in BRIC 2016-2020" report to their offering.
The affordable housing market in BRIC is expected to grow at a CAGR of 7.22% during the period 2016-2020.
The BRIC countries have a large and growing middle-class population with increasing disposable incomes. 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.
According to the report, with BRIC countries accounting for nearly half of the world's middle-class population, the demand for affordable housing has assumed critical implications in these countries. The banking sector in these countries is also fueling market growth by providing easy access to loans and offering funding for affordable housing at reasonable interest rates.
Along with these economic developments, socio-cultural factors like the growing number of nuclear families in India are also contributing to demand for affordable housing.
Companies Mentioned:
- Ansal Housing and Construction
- Brookfield
- China State Construction Engineering
- CITIC Construction
- Etalon Group
- Gafisa and LSR Group
- AFI Development
- Capital Group
- China Properties Group
- China Vanke
- Coastal Greenland
- Fantasia Holdings
- Godrej Properties
- Greentown China
- KWG Property
- MirLand Development Corporation
- PIK Group
- ROSE GROUP
- Shanghai Forte Land
- Shapoorji Pallonji Engineering and Construction
- Sino-Ocean Land
- Tata Housing.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Industry Overview
PART 06: Market landscape
PART 07: Market segmentation by country
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/kwdgtt/affordable
