Bungalows tend to be small and so are easily maintained and relatively cheap to heat and cool. As a result, they are often promoted as being suitable housing for the disabled or elderly, who may also benefit from their single storey layout.However, as they are single storey, they occupy more area than multi-storey buildings, and can have a higher cost per square metre.
Real estate sector in India is expected to reach a market size of US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13 per cent of the country’s GDP by 2025. Retail, hospitality and commercial real estate are also growing significantly, providing the much-needed infrastructure for India's growing needs. This facilitates the development of new technologies and ensures a high quality product.
Few Indian major players are as under
· Ganesh Housing Corpn. Ltd.
· Godrej Greenview Housing Pvt. Ltd.
· Kavya Buildtech Pvt. Ltd.
· Kerala Police Housing & Construction Corpn. Ltd.
· Lotus Properties Ltd.
· Madhuvanthi City Homes Mirzapur Pvt. Ltd.