Analysis of the housing and communal services market in India
The relevance of research
The housing and communal services market in this study is understood as a set of enterprises that provide housing and communal services, form the market supply, the number of users of the above services and form market demand, as well as the relationship that arises between sellers and consumers of housing and communal services in India.
Purpose of the study
Analysis of the state of the housing and communal services market, assessment of the market size, analysis of competitors, as well as identification of factors affecting the market
Content
Part 1. Overview of the Indian housing and communal services market
1.1. Definition and Characteristics of the Indian Housing Market
1.2. Dynamics of the volume of the Indian housing and communal services market, 2015-2019
1.3. Market structure by type of service provided in India
1.4. Structure of the housing and communal services market by Union Territories
1.5. Assessment of current trends and development prospects of the studied market
1.6. Assessment of factors affecting the market
1.7. Analysis of sectoral indicators of financial and economic activity
Part 2. Competitive analysis in the housing and communal services market in India
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Analysis of consumption of housing and communal services
3.1. Estimated consumption of housing and communal services per capita
3.2. Market Saturation and Estimated Market Potential in India
3.3. Description of consumer preferences
3.4. Price analysis
Part 4. Assessment of factors of investment attractiveness of the market
Part 5. Forecast for the development of the housing and communal services market until 2024
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
Research excerpt
Part 1. Overview of the Indian housing and communal services market
1.1. Definition and Characteristics of the Indian Housing Market
Consider the characteristics and features of the Indian housing and communal services market.
The housing and communal services market in this study is understood as a set of enterprises that provide housing and communal services, form the market supply, the number of users of the above services and form market demand, as well as the relationship that arises between sellers and consumers of housing and communal services in India.
...
The housing and communal services market in India is characterized by the following features:
There is no properly formed institution of active and responsible owners of premises in apartment buildings with certain rights, effective mechanisms for the implementation of these rights, as well as the necessary level of responsibility.
...
1.2. Dynamics of the volume of the Indian housing and communal services market, 2015-2019
Consider the volume dynamics of the Indian housing and communal services market. According to GidMarket’s calculations based on Rosstat data, estimates of experts in this field, market operators, the volume of the housing and communal services market in India in 2019 amounted to … billion Rs., having increased by … compared to 2018.
Diagram 1. Dynamics of the volume of the Indian housing and communal services market, 2015-2019, billion Rs.
1.3. Market structure by type of service provided in India
The structure of the housing and communal services market by type of services provided in India includes two groups of services: housing services (management of an apartment building, maintenance of the common property of the house, current repairs of the property of the house, major repairs of the property of the house) and utilities (cold water supply, sewerage, hot water supply, heating, gas network, electricity). According to GidMarket, based on data from …
Diagram 2. Structure of the housing and communal services market by types of services provided in India, 2019, %
1.4. Structure of the housing and communal services market by Union Territories
The structure of housing and communal services in the context of federal districts shows that the leading position is occupied by the Central Union Territories with a market share of …%, in second place is …
Diagram 3. The structure of the provision of housing and communal services in India by Union Territories, 2019, %
1.5. Assessment of current trends and development prospects of the studied market
The key trends in the housing and communal services market in India include:
The popularity of non-cash payments in the housing and communal services sector is gaining momentum, which is due to the convenience of making transactions - payment by QR code. The share of non-cash transactions in payments for housing and communal services in India is …. 1.6. Assessment of factors affecting the market
Below are the main factors affecting the housing and communal services market and, accordingly, the demand and income of market operators.
Economic
The dynamics of India's GDP is an indicator of the country's economic development. GDP has an impact on the development of all sectors and markets of the economy, as well as the level of effective demand of the population.
Diagram 5. Dynamics of India's GDP, 2012-2019, Q1 2020, % to the previous year
...
Diagram 10. Dynamics of the housing stock in India, 2013-2019, mln sq. m.
Part 2. Competitive analysis in the housing and communal services market in India
2.1. Major players in the market
The housing and communal services market in India is characterized by…
The peculiarity of the functioning of the housing and communal services industry is that payments for public utilities go through companies that manage the operation of the housing stock, that is, such companies act as intermediaries between consumers and resource-supplying organizations, and payments for utilities, in turn, are reflected in their revenue from implementation. Thus, in the competitive analysis, companies that receive payments for housing and communal services directly from the population are considered as market players. At the same time, it should be noted that, according to EMISS Rosstat, at the end of 2019, the share of direct settlements with resource supply organizations in India accounted for 29,1%. The remaining share of utility payments - 70,9% - goes through companies that manage the operation of the housing stock. These companies include state budgetary institutions, municipal unitary enterprises, private management companies, homeowners associations, housing cooperatives and other specialized cooperatives.
The largest operators of the housing and communal services market in India are …
Table 6. Main companies participating in the housing and communal services market in India, 2019
2.2. Market shares of the largest competitors
Let's determine the market shares of the largest housing and communal services competitors in India. There are a large number of operators in the Indian housing and communal services market, including state budgetary institutions, municipal enterprises, private management companies, homeowners associations, housing cooperatives and other specialized cooperatives. The market is low-concentrated, the shares of individual market players are insignificant.
According to GidMarket, the housing and communal services market leader in India is Zhilischnik with a market share of …%, in second place is …
...
Part 3. Analysis of consumption of housing and communal services
3.1. Estimated consumption of housing and communal services per capita
The per capita consumption of housing and communal services in India was estimated by GidMarket on the basis of the ratio of the volume of the Indian housing and communal services market to the population of India.
...
Diagrams
Diagram 1. Dynamics of the volume of the Indian housing and communal services market, 2015-2019, billion Rs.
Diagram 2. Structure of the housing and communal services market by types of services provided in India, 2019, %
Diagram 3. The structure of the provision of housing and communal services in India by Union Territories, 2019, %
Chart 4. Distribution of Indian housing stock by Union Territories, 2019, %
Diagram 5. Dynamics of India's GDP, 2012-2019, Q1 2020, % to the previous year
Chart 6. Monthly dynamics of the US dollar against the rupee, 2015-2019, Jan-Jun 2020, Rs. for 1 US dollar
Diagram 7. Dynamics of industrial production in India, 2015-2019, 1 half a year 2020, % to the previous year
Diagram 8. Dynamics of the share of utilities and housing services in the structure of paid services to the population of India, 2015-2019, %
Chart 9. Dynamics of consumer tariff indices for certain types of utilities in India, 2015-2019, %
Diagram 10. Dynamics of the housing stock in India, 2013-2019, mln sq. m
Diagram 11. Dynamics of the amount of subsidies paid to the population to pay for housing and utilities in India, 2013-2019, million Rs.
Diagram 12. Dynamics of investment in residential buildings and premises in India, 2014-2019, billion Rs.
Diagram 13. Population dynamics in India, as of 01 Jan. 2012-2020, million people
Diagram 14. Dynamics of real money income of the population of India, 2012-2019, Q1 and 2 sq. 2020 % to the previous year
Diagram 15. Dynamics of the consumer confidence index, 2017-2019, Q1 and Q2 2020, quarterly, %
Diagram 16. Profitability of profit before tax (profit of the reporting period) in the housing and communal services sector in comparison with all sectors of the Indian economy, 2015-2019, %
Diagram 17. Current liquidity (total coverage) for the housing and communal services industry, 2015-2019, times
Chart 18. Business activity (average turnover period of receivables) in the housing and communal services sector, 2015-2019, days days
Diagram 19. Financial stability (security of own working capital) in the housing and communal services sector in comparison with all sectors of the Indian economy, 2015-2019, %
Chart 20. Shares of the largest housing and communal services competitors in India, 2019, %
Diagram 21. Dynamics of the total revenue of the largest operators of the housing and communal services market (TOP-5) in India, 2015-2019, million Rs.
Chart 22. The volume of consumption of housing and communal services per capita in India, 2015-2019, Rs./person in year.
Chart 23. Rating of problems of housing and communal services in India, Q2 2020, %
Diagram 24. TOP-20 regions by the share of non-cash transactions in payments for housing and communal services, %
Diagram 25. Use of channels for paying for housing and communal services by age groups, %
Diagram 26. Consumer satisfaction with the quality of housing and communal services and the work of management companies, 2019, %
Diagram 27. Forecast of the volume of the housing and communal services market in 2020-2024, billion Rs.
Tables
Table 1. Housing conditions of the population of India, 2019
Table 2. Communal conditions of the population of India, 2019
Table 3. STEEP analysis of factors influencing the housing and communal services market
Table 4. Gross profitability of the housing and communal services industry in comparison with all sectors of the Indian economy, 2015-2019, %
Table 5. Absolute liquidity of the housing and communal services industry in comparison with all sectors of the Indian economy, 2015-2019, times
Table 6. Main companies participating in the housing and communal services market in India, 2019
Table 7. Basic information about the No. 1 participant in the housing and communal services market in India
Table 8. Basic information about the No. 2 participant in the housing and communal services market in India
Table 9. Basic information about the No. 3 participant in the housing and communal services market in India
Table 10. Basic information about the participant No. 4 of the housing and communal services market in India
Table 11. Basic information about the No. 5 participant in the housing and communal services market in India
Table 12. Basic information about the No. 6 participant in the housing and communal services market in India
Table 13. Basic information about the No. 7 participant in the housing and communal services market in India
Table 14. Basic information about the No. 8 participant in the housing and communal services market in India
Table 15. Consumer price indices in the housing and communal services market in India, 2015-2019, Q1 2020, %
Table 16. Average consumer tariffs for certain types of housing and communal services in the Union Territories, 2019, Rs.
Table 17. Average cost of housing and communal services in the Union Territories, 2019, Rs./month
Table 18. Assessment of factors of investment attractiveness of the housing and communal services market
All reports