affordable housing
High Demand for Affordable Housing
India’s urban housing shortage is primarily driven by people requiring affordable housing. Commonfloor.com recently conducted a customer survey to identify the most preferred budget for purchasing a house in 2014. Almost 80% of the respondents have a budget of less than Rs. 70 lakhs for buying a house in India. While cities such as Mumbai […]
Focusing On Lower Configurations Is The Solution For Affordable Housing
Mumbai has a high demand for residential housing. However, Mumbai also faces the inherent problem of high priced housing units which adversely affects sales. This is a prime reason of worry for developers. Mumbai has a high inventory pile up of 67,000 residential units. Focusing on developing lower configuration houses (1 and 2 BHK) is […]
