India needs to build 100 million new homes by 2030 due to rising incomes and demand, with an estimated $906bn economic output.
India needs to build 100 million new homes in the next decade due to rising household incomes and increased demand for residences. Macrotech Developers, India's largest developer, predicts this demand will generate a $906bn economic output. With around 600,000 primary homes constructed in 2021, meeting this demand could be challenging despite fast growth in the construction sector.
June 13, 2024
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