In 2012-13 property prices have moderated. As per the National Housing Bank (NHB) RESIDEX index for the quarter July-September 2012 compared to April-June 2012 there is a general decline in prices of residential properties in some smaller towns, while the increase in other cities is mostly marginal. As per estimation during the Twelfth Five Year Plan Period (2012-17), the housing requirement in urban areas is 18.7 million units of which 18.5 million are for the EWS/LIG segment.
As per a McKinsey Report, the demand for affordable housing will be 38 million by 2030. The housing loan portfolio of scheduled commercial banks and housing finance companies is 6.10 lakh crore as in end-March 2012.The Indian real estate market size is expected to touch US$ 180 billion by 2020. The demand is expected to grow at a compound annual growth rate (CAGR) of 19 per cent between 2010 and 2014, with tier I metropolitan cities projected to account for about 40 per cent of this.

INDIAN real estate AT A Glance IN 2011 - 2012
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