Macroeconomic analysis of housing demand and housing investment in India

Abstract

An attempt is made in this paper to examine various aspects of housing demand and housing investment in India. The main objectives of the study area: (i) to estimate the income and price elasticity of demand for housing in India; (ii) to examine the interstate. Differences in the elasticities of housing demand; (iii) to examine the trends in housing stock in the Indian Economy; (iv) to estimate the relative importance of various factors influencing housing investment in India; and (v) to examine the extent of interstate variations in housing investment and its