Affordable housing shortage to reach 31.2 mn units by 2030: CII-Knight Frank report

India faces an estimated affordable housing shortage of 31.2 million units by 2030, presenting a market size of Rs 67 trillion. The current shortage is 10.1 million units. This segment provides significant business opportunities for real estate developers and financial institutions, with potential financing opportunities estimated at Rs 45 trillion for banks and housing finance companies.