Real estate sector betting on affordable housing to push sales - Zint Design
The overall unsold inventory is around 7.79 lakh units, of which 3.93 lakh units, or roughly 51%, is affordable. Even as the real estate sector grapples with liquidity crunch and overall subdued business sentiment, the industry is betting on the affordable housing segment to push sales and reduce inventory pile-up in the next six-nine months. More than 4 lakh units, of which around half will be affordable, are expected to be delivered by March 2020. A report by real estate advisory PropTiger.com estimates that more than 4.5 lakh affordable housing units are likely to be delivered in the next 15