Affordable Housing Neglected In Budget

Real Estate Developers feel the Union Budget neglects the economically weaker segment and affordable housing.

This would have boosted the real estate segment to a large extent and at the same time enhance the GDP of the country, Developing slum areas gets major thrust of the state government under its various affordable housing schemes (AHS). But very often, slum dwellers in the city find these affordable houses beyond their means, thanks to rising prices owing to prolonged delays.

Buyers looking for Affordable homes in Mumbai who go with the fixer-upper choice should get the residence professionally examined to find out which reestablishing up is necessary, and certainly not eat off more than they can eat. Even houses that need a main face lift -- color, carpeting, landscape designs, colors and other cosmetic versions -- can come with big advantages. Homes that may need professional upgrades price even less, but the consumer has to think about the price against the price of the advancement Mumbai properties.

Mumbai Affordable housing may only become a reality in distant Karjat, Panvel and other areas in the vicinity. At present, affordable housing is not possible in Mumbai due to high land prices, said a bureaucrat.

Affordable Housing in India has become the new Mantra for everyone related to the realty sector in the country. From buyers to the sellers to the realtors and investors, everyone is pitching for affordable quality homes in India. In this topic let us discuss about the various issues like, increased FDI in Realty Markets in India, increase in number of available Real Estate Funds and reduced interest rates on Home Loans, green building concepts,etc.

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by: Priyanka

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