Overview
- The KPMG report, published Saturday, June 20, 2026, projects India’s urban population will reach about 40% by 2036 and close to 50% by 2050 and frames housing policy choices today as decisive for long-term city growth.
- KPMG identifies persistent supply barriers—high land costs, fragmented approvals, and limited project financing—and recommends practical fixes such as higher floor area ratio (FAR) for affordable projects, single-window clearances, digitised land records, and lower development charges.
- The report elevates rental housing as an investable asset class and urges measures including GST rationalisation, priority sector lending, conversion of vacant stock, and support for co-living and segment-specific formats to attract institutional capital.
- To protect homebuyers and reduce stalled projects, KPMG calls for closer coordination between RERA and the Insolvency and Bankruptcy Code, digital project-level reporting, early-warning stress detection and project-specific insolvency resolution tools.
- Early implementation signs are limited to discrete projects such as a bhoomi pujan for the Baneshwar Lok development, and the report warns that public adoption of its recommendations, stronger institutions and private-sector financing will be needed to translate policy into homes and jobs and to reach India’s long-term real-estate goals.