With easing connectivity and spurt in jobs, the NCR region is witnessing a huge demand in the affordable housing segment
Owning a home in India’s capital city—New Del-hi—is a distant dream for many as over the years the realty prices have skyrocketed. There is a huge shortage for houses in the LIG segments (households with annual income of `1-2 lakh) and people now are looking beyond the prime areas and exploring options in the Delhi-NCR region.
Affordable housing is the most talked about issue in the real estate sector and is aimed at people who can afford to buy a home within the budget of `5 lakh to `25 lakh.
With Delhi’s population only increasing, it is estimated that there will be a huge demand in the DelhiNCR region and many realtors are taking up projects in the region.
Delhi-NCR region
Cities like Gurgaon, Faridabad, Ghaziabad and Noida that constitute as the National Capital Region (NCR) are already well-established and aid the population with plenty of jobs and affordable housing options.
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Denne historien er fra July 2016-utgaven av Outlook Money.
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