May
08

$1.3 Trillion Housing Boom Set to Be India’s Next Growth Driver

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Catalyst will be government’s affordable housing push

In a country where slums sit cheek-by-jowl next to palatial luxury — including what’s been reported as the world’s most expensive private home — India’s unhoused may soon become a more potent economic growth driver.

Prime Minister Narendra Modi’s drive to bring homes to the country’s 1.3 billion people, rising incomes and the best affordability in two decades will unleash a $1.3 trillion wave of investment in housing over the next seven years, according to CLSA India Pvt…

$1.3 Trillion Housing Boom Set to Be India’s Next Growth Driver

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Categories : Real Estate

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