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

Dununu.com Dununu

Sponsorluk

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!

Tax collections dip: Net direct tax mop-up falls 1.34% to Rs 5.63 lakh crore as refunds surge; gross receipts rise 3.17%

India's net direct tax collections experienced a slight decrease of 1.34% year-on-year, totaling...

By 0 6

Reliance Infra upgrade: Infra major credit rating raised 3 notches by Ind-Ra; big move after debt clean-up

Reliance Infrastructure sees its credit rating soar. India Ratings and Research elevates the...

By 0 6

'Advanced stage of decomposition': Pak actress Humaira Asghar Ali’s body found filled with insects, 'black-coloured mass'; police say remains lay in Karachi flat for 8–10 months

Pakistani actress Humaira Asghar Ali was discovered deceased in her Karachi apartment, with...

By 0 19

Bridgitte Macron row: French First Lady 'born a man' theories surface, Paris court acquits two 'conspiracy theorists'

In a surprising turn, Amandine Roy and Natacha Rey, previously convicted of defaming Brigitte...

By 0 19

ISIS Pune module: NIA arrests key conspirator from Lucknow; was on the run with Rs 3 lakh bounty

By 0 19