Affordable housing faces tough times on rising costs | Dununu.com :...

Dununu.com Dununu

Sponsored

Affordable housing faces tough times on rising costs

RSS Feed Business

Posted

84

Despite decreasing unsold inventory and potential demand, developers are hesitant to launch new affordable housing projects due to low conversion rates, rising construction costs, and unsustainable margins. Post-COVID impacts on lower-salaried employees and the withdrawal of government incentives have further dampened the market, leading many developers to shift away from this segment in Tamil Nadu.

Read Full Article

Please log in to like, share and comment!

SLB to shoot intense Ranbir-Vicky face-off in Love And War

Sanjay Leela Bhansali directs 'Love And War' with Ranbir Kapoor, Alia Bhatt, and Vicky Kaushal....

By 0 7

RBI imposes penalty on HDFC Bank, Shriram Finance

The Reserve Bank of India (RBI) has penalized HDFC Bank Rs 4.88 lakh for violating norms related...

By 0 7

Sikh faith not a ground for less punishment: Indian-origin man jailed for crash that killed woman in Adelaide, he was driving at 160 km/hour

By 0 11

Sena MLA round 2: Sanjay Gaikwad, who slapped staffer, now threatens AIMIM neta Imtiaz Jaleel

By 0 14

Justin Bieber releases 7th album ‘Swag,’ his first in four years

WASHINGTON DC: Singer Justin Bieber has released his seventh album ‘Swag’ featuring...

By 0 15