Market Outlook
The India Affordable Housing Market was valued at USD 3.17 billion in 2024 and is anticipated to project robust growth in the forecast period with a CAGR of 19.80% through 2030. This growth is driven by the increasing urbanization, rising population, and government initiatives aimed at providing housing for all. The Pradhan Mantri Awas Yojana (PMAY) has been a significant catalyst, aiming to build 20 million affordable houses by 2022, which has been extended to 2024. The demand for