In the opinion of the industry experts, the mid-segment housing will pick up in the current year. Nearly 50% of the total demand falls in this segment.
Most of the people speak highly about the affordable housing segment and top-end housing segment. However they seldom speak about the mid-income housing segment which is slowly picking up in the current year.
Pointing to the fact that India is a country where the majority of the population falls in the mid-income segment, Ajay Mangal, director and CEO MG Housing Pvt. Ltd spoke in an interview that the Mid-segment housing would pick up this year.
Mr. Mangal said that he expects the Mid-segment housing to pick up this year. He added that the situation will not be much different in Delhi the national capital. Continue reading