Developers looking beyond capital, aiming to tap smaller cities

Pleasure to interact with Abhinandan Lodha, Sandeep Menon, Vipul Roongta, and Stuart Take for a panel discussion on Constructing A Robust Housing Finance Ecosystem moderated by Tamal Bandyopadhyay.

With increased demand, annual volumes in the residential segment has increased from 200,000 to 500,000, which is at the highest since 2014. However, projects in the affordable category are fewer, with the trend in favour of mid-market, upper and luxury residential segment. The challenge from affordable housing housing segment being the price-linked definition of affordable housing, which has led to the size of units declining, amid rising costs. This warrants a reform, pegging the definition of affordable housing to a size, instead of a price. - Business Standard