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

67

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!

Pope Leo XIV, JD Vance meet ahead of US-led diplomatic flurry to reach ceasefire in Ukraine

Pope Leo XIV and US Vice President JD Vance met at the Vatican amidst US-led efforts for a...

By 0 12

MP urges immediate rescue of landslide-hit families in Humla

KATHMANDU: Member of Parliament Chhiring Damdul Lama has urged the government to immediately...

By 0 21

Union Bank SO recruitment 2025: Last date tomorrow to apply for 500 specialist officer posts; check direct link here

By 0 23

Ben Stokes says no to alcohol to stay fit for Test series vs India

England test skipper Ben Stokes has been out of action for around five months, ever since he tore...

By 0 26

'Having a Pakistani background...': Ex-England cricketer recalls Ind-Pak conflict

Moeen Ali, playing for KKR in the IPL, recounted the unsettling experience of being in India when...

By 0 25