Supertech is planning to sell around 30,000 affordable units in Eco Village, yamuna Expressway, with price starting from Rs 30 lakh and goes up to Rs 70-75 lakh.
Jaypee Group is offering affordable flats in Greater Noida within a price range of Rs 26.5 lakh to Rs 58.4 lakh. In Wave City Ghaziabad, one and two bedroom housing units were offered in the range of Rs 14 lakh to Rs 18 lakh.
Builders end up paying more on affordable projects than estimated. Because they will also pay high bribes to many authorities for getting clearances. SO builders spend more and try to put that on buyers.. This in turn rises the price of the project.
Price of affordable units usually range between Rs. 10 - 25 Lakh. As our friend said, not only private developers public sector housing authorities and developers like DDA & NBCC are also undertaking affordable housing projects in Delhi-NCR.