New Delhi: For years, the city of 1.3 billion people has been on a steady climb.
But in recent months, there has been a shift.
New-build houses have taken the lead.
There are more houses, more owners.
And that has been the case even though there has not been any new construction for years.
New-build homes are building up.
That’s the good news.
It means that the city is becoming more desirable, even though its population is shrinking.
The bad news is that the real estate market is still not booming.
That is because the housing supply has been slowing down.
According to a recent report by the Planning Commission, Mumbai’s population is expected to grow by just 0.4% in 2023.
That leaves a huge shortfall of 1 million homes.
In Mumbai, that is an estimated 10,000 more new-build units than the current number.
The Planning Commission has estimated that the current demand for housing is at least 70% of the demand for houses.
The demand for homes is at the heart of the problem.
The problem is not the supply.
The demand for new housing is not a problem.
The supply of housing is still rising.
The question is how fast.
In the past, Mumbai has been plagued by a housing shortage.
There was a shortage of land, and the shortage of houses.
But there was also a shortage in supply.
The problem was not that there was a shortfall in supply, but that the supply of houses had not been rising enough.
That means that there were not enough homes being built to meet the demand.
The new-built homes in Mumbai have been coming for decades.
A number of years ago, it was thought that the demand would continue to grow, and that new-building would not cause the supply to slow down.
That has not happened.
According to the Planning Commissioner, new-construction is expected by the end of 2019, when the city will have around 100 million new-home developments.
In the meantime, the supply will keep increasing.
New construction is expected at a rate of one new home every eight minutes.
That has led to an imbalance.
The new-housing supply is growing, but the new-housebuilding is not growing fast enough.
That is the problem for the new houses.
According the Planning Board, Mumbai is still facing a housing shortfall of 40,000 new-houses per month.
That shortfall is expected rise to 90,000 by the year 2030.