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Sharp jump in rural housing construction

Posted by fairval on January 6, 2014

There is abig time housing construction going on in Rural India, points out a note from CSFB, using the latest NSSO survey as the data source. Number of houses being made per year has shot up sharply in 2009-12 period, over 2002-09 period.  Around 13 million pucca houses were built in this period,

Construction of pucca houses

Construction of pucca houses

As a result, by 2012, 66% of rural houses were pucca houses, compared to 55% in 2009, and 32% in 1993. This seems to be a substantial shift, and could be a result of some of the UPA policies – higher MSP and MNREGA. The much maligned UPA may have got somethings right after all.

Share of pucca houses up sharply

Share of pucca houses up sharply


One Response to “Sharp jump in rural housing construction”

  1. Varadha R said

    Nice update. No wonder the stocks of companies like canfin homes, gruh have a secular runway ahead, save for credit quality issues

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