Affordable Housing has gained currency over the last few years. The current government understands that quality, quantity, availability and affordability of housing are the key drivers for a country’s economic competitiveness.
Backed by the policies by the government – RERA, GST and CLSS, affordable housing has gained momentum. There has been a continuous support by the government for affordable segment. With its increasing popularity and prevalence amongst the home buyers, several developers have started developing their projects catering to this particular segment. The developers have started realizing, that building affordable homes is not just the prerogative of the government in power, but must form an integral part of their business and duty.
Mr. Pradeep Aggarwal, Co founder& Chairman, Signature Global and Chairman, National Council on Affordable Housing, ASSOCHAM says, “The fact cannot be denied that affordable housing is the backbone of the real estate sector and its growth has led to the revival of realty market not just in Delhi but also in other parts of the country. Alike now, we hope to receive the continues support from the government towards the affordable housing segment in 2019.”