Affordable Housing Market in BRIC 2016-2020 - Key Vendors Include Brookfield, CITIC Construction, Etalon Group, Grafisa & LSR Group

The affordable housing market in BRIC is expected to grow at a CAGR of 7.22% during the period 2016-2020.

DUBLIN, 13/02/2016 (informazione.it - comunicati stampa - editoria e media)

The affordable housing market in BRIC is expected to grow at a CAGR of 7.22% during the period 2016-2020.

A PPP model typically operates on a fair bidding process for land acquisition. The PPP model eases the process of acquisition of land and the time and effort required for the project, reducing costs and increasing efficiency. BRIC countries are also increasingly contributing to create a conducive environment by reducing stamp duties and providing tax reliefs.

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.

Further, the report states that low-rise residential buildings and commercial complexes are being developed on the same plot because of unfavorable land management policies, resulting in lower income for developers. Titling issues and lack of awareness about property rights also adversely affects the construction of affordable houses.

Key questions answered in this report:

Key vendors:

Other prominent vendors:

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