Price is the major boost factor that captures the entire real estate in Delhi NCR. In current scenario affordable housing has acted as a new driving force in the real estate sector which seemed to stay stagnant for long. “Housing for all” is an initiative by Indian government where it plans to provide apartment for all by 2022. Real Estate in Delhi NCR ( http://www.realtorprop.com/ ) has seen the maximum jump of 6% in affordable housing category. As per a report published by leading firm the maximum rise in the budget segment housing was seen for property in Delhi NCR. The overall launch of affordable housing segment in India witnessed an appraisal from 17% in 2014 to 19% in 2015. Many buyers tend to confuse affordable housing as low cost housing. But in real world both are entirely different. While low cost housing is made specifically for economically poor section which includes just minimum housing requirements which are entirely different when compared with affordable housing. Affordable housing projects are equipped with all basic amenities that one wishes like connectivity, well built interior, community services and all basic needs.
The hotspot zones that witnessed the trend in Delhi NCR included the area of Sohna Road Gurgaon, Greater Noida West, Yamuna Expressway and part of Raj Nagar Extension. As per a report more and more people are willing to invest in real estate in Delhi NCR subjected to availability of affordable homes. Many Developers giants have subsequently entered the affordable housing market. To reduce cost and provide better option to buyers the developers have adopted several methodologies. Some of these include reduced areas with 400-500 sq ft for 1 BHK, Limited property options mostly 1 BHK and few 2 BHK projects and reducing construction cost by constructing low rise towers typically in range of G+3 or G+ 4 floors.
High end real estate hubs like Gurgaon also witnessed a jump in its real estate sector after the launch of affordable housing scheme. Some of the property in Gurgaon that comes under this scheme includes Our Homes 3, HCBS Sports Ville, Zara Avaas, Pyramid Urban Homes 2 and many more projects to add. For complete insights on each and every project you can visit our online portal Realtorprop.com. We do a complete analysis on each and every project so that you get the best options and up to date data.