Affordable Housing Market in BRIC 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...
View full press release