Indian Housing Sector Building More Homes for Senior Citizens

In the Indian real-estate industry, housing is the most vibrant segment, and it is expected that the demand for senior homes will grow in near future, says RNCOS latest report.

 

Noida, UP -- (SBWIRE) -- 02/07/2012 -- The Indian housing sector has emerged as the most dynamic section of the realty industry. According to a research report by RNCOS, the senior housing segment has been gaining momentum in the country, particularly in tier-III cities. In India, the number of people above the age of 65 years is expected to grow to about 76 Million by 2014. This rising population of elderly people provides vast opportunity for investment and development in the senior housing sector, wherein low cost houses are preferred the most. It is expected that the demand for senior housing will increase in the coming years.

The report, “Indian Housing Sector Analysis”, highlights the fact that nowadays, seniors look for more specialized houses which could meet their lifestyle and security needs. The government has also shown an increasing concern for senior citizens housing. With the entry of numerous realty developers and availability of easy finance, the Indian housing industry has witnessed a stupendous growth. It has also helped various verticals like faucet and tiles markets grow. Overall, the housing industry in the country is highly fragmented, with unorganized sector accounting for over 70% of the total housing units.

The study provides a detailed analysis of the housing sector in India, and thorough insight into each housing segment, including affordable housing, medium housing, and luxury housing. It analyzes the industry verticals in detail, sheds light on emerging trends and discusses the market structure. It covers current and past market performance of the Indian housing industry, and presents forecasts. The research also identifies key players in the market, and includes their detailed business profiles and recent activities to depict a clear picture of the industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM013.htm

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