Affordable houses are the ones that are lower in costs and can be affordable by everyone. They generally cost 30% of your income. Construction in the past few years has increased tremendously which in turn has boosted the housing prices. As the cost of housing started increasing people from the low income groups and economically weaker sections could not afford to buy their dream homes. No one would like to buy a low quality house as this would be their dream home. People have a normal tendency of buying a well designed house, which are developed at reasonable rates. Now, most of the housing companies are developing durable and low cost houses as per India’s growing demand in houses.
From past two decades, the housing sector has been growing immensely and has even provided connections to the ancillary industries. IIM, Ahmedabad had conducted a research which defines the construction sector; there was an increase in investment by 10% which may boost around 3% growth in GDP. This will also help in increasing the employment opportunities which will also help in leading a quality life and a better civil life. Real estate is one of the largest sectors in India after agriculture in terms of offering employment opportunities. Housing sector is one such sector where around 33 million people get employment. This rate may increase with time. Housing system is the one which holds an impact on the growth of GDP, protection of environment, women empowerment, sustainability and inclusivity, human rights and lot many things. Real estate companies also indulge in developing affordable houses for all segments. Governments are taking some steps for endorsing the private sector through a public-private partnership mode for affordable housing projects. The stakeholders are the ones that build the affordable houses with a robust ecosystem, modern amenities and environment-friendly technologies by including the various processes. This aspect of being environment friendly technologies will enhance the effects of the affordable housing systems. As urbanization is increasing so is the demand for housing finance is growing rapidly. Land is an important aspect for building a house and the prices of this land is something which is very important. The availability of a land is one of the most important aspects. The legal regulations need to be taken care of when the land is under development. These issues are generally taken care by the national land bank for housing. Right measures need to be taken so that it does not impact anyone that is involved in it. Connect with Sairung Developers for NA plots in and around Pune and build that affordable house for yourself.
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AuthorSairung Developers, backed firmly by a sound financial base and trust, started its activities in 1979. Since its inception, the Sairung Group has spearheaded revolution in many areas like construction, development of gated communities and assured deliveries of developed farm and bungalow plots, NA plots, ensuring high returns year after year. Archives
December 2016
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