Report says urbanisation will be the single-largest factor driving demand for real estate and housing in particular

Urbanisation will be the single-largest factor driving demand for real estate and housing in particular. This growing population has rapidly fueled the process of urbanisation. With 31 out of every 100 people in the country living in the cities or towns, India has a higher number of people living in urban areas. The retail space is currently witnessing excessive supply, however, the gap between demand and supply is narrowing.