Ahmedabad: Housing Demand & Supply in 2014 to 18

By C & W Report

In the next 5 years (until 2018), new housing demand of 2.48 lakh units is likely to arise in Ahmedabad, of which about 46 % is slated to be in the Lower Income Group (LIG), 42 % in the Middle Income Group (MIG) and remaining 12 % in the HIG.

Due to high growth in manufacturing setups in the peripheral regions of the city and presence of well-established trading activities, there is a phenomenal rise in housing demand from both current inhabitants and increasing migrant population.




Expected supply in the next 5 years seems to be highly skewed towards the MIG with 78 % offerings in this segment. Even with this kind of supply infusion, the demand-supply gap in the MIG is significant and Ahmedabad features in the list of top cities having a shortfall of housing units catering to the MIG. In addition, the LIG demand seems completely unattended with a massive cumulative gap of about 1.07 lakh units. 


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