In its latest report, Cushman & Wakefield (C&W) estimates that the total
new demand that could be generated for residential dwellings in the period
2012–16 will be 11.8 million units across India. Of the total additional demand,
the top eight cities (NCR [including Delhi, Gurgaon & Noida], Mumbai, Pune,
Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata) will constitute 18% or 2.1
million units across categories. The annual report “Evolving Paradigm - Future
of Indian Real Estate” is in association with Global Real Estate Institute
(GRI).