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How Affordable is an Affordable Home

How Affordable is an ‘Affordable’ Home?

A flat advertised as costing Rs 20 lakh may have several additional cost inputs before you can call it your own! Nikhil Singh is a first-time home buyer and his annual salary is Rs 6 lakh. Today, rental housing is no longer an attractive proposition for him with so many options in the market in…

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Affordable Housing is the Engine of Delhi NCR Market

Affordable Housing is the Engine of Delhi NCR Market

Economically and socially driven markets like Noida and Gurugram have benefited with the launch of affordable housing projects. These new-format housing projects have not only changed market dynamics, but also consumer behavior, and helped in improving city infrastructure. For years, the NCR has been a market catering to all kinds of real estate buying options….

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Larger than Chandigarh, new city will rise next to Gurgaon

The new city is likely to be spread across at least 50,000 hectares, which is larger than Chandigarh (11,400 hectares) but smaller than Gurgaon (73,200 hectares). To leverage the potential of the region, the Haryana government plans to develop a new city next to Gurgaon in the National Capital Region. The new city, which is…

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