India is rapidly urbanizing and this trend is fueling demand for built spaces.
India’s urban population registered a decadal growth of 32 percent rising from 285 million
to 377 million between 2001 and 20113. It is opined that this trend is likely to persist
on the back of robust economic development across the country.
India’s urban population has grown at a CAGR of 2.8 percent over 2001-2011 resulting in an increase in the urbanization rate from 27.8 percent to 31.2 percent. Out of India’s 1.21
billion population, 377 million people are urban dwellers.The Federation of Indian Chambers of Commerce (FICCI) estimates that by 2050, the country’s cities would witness a net increase of 900 million people. Furthermore, over 2012-2050, the pace of urbanization is likely to increase at a CAGR of 2.1 percent – double than that of China By 2050, 900 million people will be added to Indian cities. The rapid pace of urbanization owing to the rural–urban migration is putting a strain on the urban infrastructure in these cities.