Affordable housing projects in Gurgaon

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seriousness for Affordable Housing
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Developers show seriousness for Affordable
Housing
After the announcement of affordable housing
schemes in Gurgaon, https//www.goodnightjournal.
com/wp-content/uploads/2016/11/Huda- Affordable-Ho
usingScheme.mp4 the developers of the new
generation are getting serious for developing
affordable properties which would provide them
more transparency, clear titles and
delivery. Despite all various initiatives which
are taken by the government for affordable
housing, the schemes did not gain that force
which is needed to fulfill Modi governments aim
i.e housing for all by 2022. On the other
hand, we have seen many developments in
affordable homes where some other developers are
also entering and developing affordable housing
projects in Gurgaon. Demand for affordable
homes has been increasing day by day as property
buyers in Gurgaon are demanding for affordable
homes which consists of 1 2 BHK apartments. The
big tickets sizes are purchased by investors to
buy almost 85 per cent of the home
aspirants. For the development of affordable
homes in Gurgaon, the developers are becoming
very serious and focused on delivery of
projects. There are serious developers who are
focusing on delivering the projects in a clean
and transparency manner. These developers have
adopted
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new technology for executing projects on time and
in a professional way. There are numerous equity
players that are showing interest in supporting
the developers and taking a step forward to
develop affordable housing schemes in Gurgaon as
well as appreciate the initiatives which are
taken by the government to support affordable
homes for all. Affordable housing segment will
take more quarter until they get any clarity
about structured debt, issue and equity which
will be available for entering this space.
Residential segment of Indian Real Estate will
boom in the years to come as compared to the
retail and commercial sectors. Apart from that
few established developers will developed many
new entries in the affordable housing
segment. Furthermore, these developers are one
of those who dont like to take risks of
obtaining clearances as it results in delay in
execution and cost escalation. Instead, they
choose joint development agreement where the
risk is low and it requires less
capital. http//www.affordablegurgaon.in
This journal was written on November 26, 2016
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GoodNightJournal.com 2016 Free online diary /
journal since Jan 1, 2013
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