Tata Housing's fully-owned, subsidiary Smart Value Homes, offers low-cost/affordable housing in the price range of Rs 5 lakh to Rs 35 lakh. It has four projects in Boisar, Vasind (both near Mumbai), Ahmedabad and Bangalore.
Jaypee's affordable project in Greater Noida is offering flats with a basic sale price starting at Rs 26.5 lakh that goes up to Rs 58.4 lakh depending on the size of the house.
Wave City in Ghaziabad is one of the affordable housing project by Wave Group. The project was launched on March With schools, hospitals, and commercial complex in the integrated township, it has a total of 3,500 units with 1BHK and 2BHK options (575 -800 sq ft) in the range of Rs 14 lakh to Rs 18 lakh.
May be this is another game plan to lure the home buyers and rise the sale. Many builders, including Jaypee, Wave Infratech and Tata Housing, have experimented with affordable housing in recent times.