BrixResearch Moderator says: Mahindra Lifespaces has just announced that its new property project will have affordable houses. This move is expected to bring in more buyers from the middle-income segment.
Affordable housing is making waves in the realty sector due to high cost of property, high home loan rates, high inflation and the huge gap between demand and supply. Other developers like Matheran Realty, Indu Projects, Shriram Properties, Jain Heights and Structures, Ansal Properties and Shapoorji Pallonji have already announced projects in this category. But will this move boost property sales?
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ReplyDeleteAnything that is affordable will find buyers no matter how much the markets plunge. Hence, affordable houses are the only properties that will sell. Therefore, all developers are making a beeline for this category. Otherwise, the property market will not witness any sales.
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