The stampede for affordable housing by Indian developers may coming to an end. Indian property developer DLF has said they may withdraw from the much-hyped affordable houses, stating low margins under the scheme are unattractive. Is this the start of a new trend now that property in India has recovered? (more…)
Archive for the ‘affordable housing’ Category
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Wednesday, September 16th, 2009Indian developers hiking prices again
DLF, the India’s largest property developer, will soon conduct a poll among Indian property brokers to decide the pricing and number of apartments to be offered in the second phase of its Capital Greens project in West Delhi. (more…)
Thursday, August 13th, 2009Indian affordable housing market set to grow
Knight Frank has released a research paper on ‘Affordable Housing’ in India, saying that this segment has a potential market size of Rs300,000 crores in India by 2011. (more…)
Sunday, July 19th, 2009Govt to launch housing scheme for urban poor
The Indian government said that it was planning to launch a new housing scheme for slum dwellers and urban poor. (more…)