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Affordable Housing Market in BRIC 2016-2020

About Affordable Housing

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 and easy approvals. Demand is far outstripping the supply of such housing.

Technavio’s analysts forecast the affordable housing market in BRIC to grow at a CAGR of 7.22% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the affordable housing market in BRIC countries for 2016-2020. To calculate the market size, the report considers the expected demand for new units across BRIC countries during the forecast period.

The market is divided into the following segments based on geography:

  • Russia
  • India
  • China
Technavio's report, Affordable Housing Market in BRIC Countries 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ansal Housing and Construction
  • Brookfield
  • China State Construction Engineering
  • CITIC Construction
  • Etalon Group
  • Gafisa
  • LSR Group
Other
    prominent vendors
  • AFI Development
  • China Properties
  • China Vanke
  • Godrej Properties
  • KWG Property
  • MirLand Development
  • PIK
  • Rose
  • Shanghai Forte Land
  • Shapoorji Pallonji Engineering and Construction
  • Sino Ocean Land
  • Tata Housing
Market
    driver
  • Demand for affordable housing
  • For a full, detailed list, view our report
Market
    challenge
  • Haphazard project management
  • For a full, detailed list, view our report
Market
    trend
  • Adoption of PPP in affordable housing
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Affordable Housing Market in BRIC Countries 2016-2020

Technavio recognizes the following companies as the key players in the Affordable Housing Market in BRIC Countries: Ansal Housing and Construction, Brookfield, China State Construction Engineering, CITIC Construction, Etalon Group, Gafisa and LSR Group.

Other Prominent Vendors in the market are: AFI Development, Capital Group, China Properties Group, China Vanke, Coastal Greenland, Fantasia Holdings, Godrej Properties, Greentown China, KWG Property, MirLand Development Corporation, PIK Group, ROSE GROUP, Shanghai Forte Land, Shapoorji Pallonji Engineering and Construction, Sino-Ocean Land, and Tata Housing.

Commenting on the report, an analyst from Technavio’s team said: “A PPP model typically operates on a fair bidding process for land acquisition. The PPP model eases the process of acquisition of land and the time and effort required for the project, reducing costs and increasing efficiency. BRIC countries are also increasingly contributing to create a conducive environment by reducing stamp duties and providing tax reliefs.”

According to the report, with BRIC countries accounting for nearly half of the world's middle-class population, the demand for affordable housing has assumed critical implications in these countries. The banking sector in these countries is also fueling market growth by providing easy access to loans and offering funding for affordable housing at reasonable interest rates. Along with these economic developments, socio-cultural factors like the growing number of nuclear families in India are also contributing to demand for affordable housing.

Further, the report states that low-rise residential buildings and commercial complexes are being developed on the same plot because of unfavorable land management policies, resulting in lower income for developers. Titling issues and lack of awareness about property rights also adversely affects the construction of affordable houses.

Companies Mentioned

Ansal Housing and Construction, Brookfield, China State Construction Engineering, CITIC Construction, Etalon Group, Gafisa and LSR Group, AFI Development, Capital Group, China Properties Group, China Vanke, Coastal Greenland, Fantasia Holdings, Godrej Properties, Greentown China, KWG Property, MirLand Development Corporation, PIK Group, ROSE GROUP, Shanghai Forte Land, Shapoorji Pallonji Engineering and Construction, Sino-Ocean Land, Tata Housing.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Industry Overview
    • Distribution of population by income
      • Table Distribution of population by income 2015
    • Factors impacting affordable housing availability
  • Market landscape
    • Market size and forecast
      • Table Affordable housing market in BRIC countries 2015-2020 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by country
    • Affordable housing market in Brazil
      • Table Affordable housing market in Brazil 2015-2020 (millions of units)
    • Affordable housing market in Russia
      • Table Affordable housing market in Russia 2015-2020 (millions of units)
    • Affordable housing market in India
      • Table Affordable housing market in India 2015-2020 (millions of units)
    • Affordable housing market in China
      • Table Affordable housing market in China 2015-2020 (millions of units)
  • Market drivers
    • Demand for affordable housing
    • Availability of funding
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Haphazard project management
    • Demand-supply gap
    • Time and cost overruns
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Adoption of PPP in affordable housing
    • Focus on sustainable development
  • Vendor landscape
    • Competitive scenario
    • Vendors
    • Key highlights
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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