Affordable Housing: Comfort within Everyone’s Reach
February 22, 2018 in Property Guide
One of the major investments that a person makes during his lifetime is buying his dream home; a decision taken after considering every possible factor that defines good living and spells comfort for them.
People are becoming more cautious and aware of buying their homes. A lot of factors are taken into consideration, comparative analysis was done and finally, comes the decision of buying a safe haven called home.
Affordable housing
With the increasing demand for space and the need to accommodate the increasing population, there is a huge demand and need for affordable housing. What exactly are affordable homes? Although the expression of affordable housing is quite generic and may have the different meaning for every individual, the underlying meaning more or less remains the same - that affordable apartments should address the housing needs of the lower or middle-income households. The concept is loosely defined on the basis of following parameters: disposable income, size of dwelling and affordability.
There has been a considerable shift in focus wherein property developers are working towards providing for more and more affordable apartments for people. For a big chunk of the society, affordable homes are actual living dwellings, while for some, they are simply an investment option.
If you are looking at investing in properties away from the chaotic city life, Affordable apartments in Ahmedabad, Gujarat are a good option. Groups like Adani Realty are building world-class townships with a range of options right from penthouses and villas to Affordable apartments (Aangan) - that are the need of the hour.
What is the driving force behind the demand for affordable housing?
India’s urban population is increasing manifold. Millions of young people are moving towards urban areas for better job prospects which in turn has led to increased pressure in the demand for more low cost, yet highly accessible space. More and more states of the country that are paving the way for urbanization are also working towards providing affordable homes to their inhabitants.
Another contributing factor to the rise in affordable apartments is the rising income levels that have led to a sizeable middle class segment. The middle class segment is expected to be the primary audience for affordable housing projects.
Where can you buy your dream home?
There has been a tremendous rise in the demand for affordable homes in cities like Mumbai, Ahmedabad and Gurgaon. There are a lot of projects that are being undertaken, keeping in mind this concept. Property developers like Adani, Dharmadev Infrastructure, Santosh Associates, Rajya Group, Galaxy Developers, DBS Affordable Housing are coming up with more and more projects under the banners of affordable housing.
Residential Projects in Ahmedabad
-Amogha | Aster | The North Park | Water Lily
MORE ARTICLES
Guide to Investing In Pune’s Residential Projects
Over the past couple of years, Pune has matched footsteps with few of the leading real estate hubs across the country, and there isn’t just one reason to explain why. The advent of numerous MNCs, IT companies, manufacturing units, educational institutions and the influx of malls and hotels, has contributed to Pune’s position in the real estate market as a majorly developing city with everything to offer – high quality of education, employment opportunities, and a buzzing social life along with its proximity to Mumbai city.
Ahmedabad, Delhi, Mumbai to be among the world’s 30 megacities by 2030
By 2030, 60% the world's population will be urban; living in cities, big or small. Most of this urban growth is happening in Asia and .
Looking for dream spaces, not sure where to start?
Leave us a query and our representative will get back to you.
Disclaimer
The Adani Realty expressly disclaims all liability in respect to actions taken or not taken based on any or all the contents of this Blog. The content of this blog is collation of data from various sources and is provided only for information purpose only and Adani Realty does not canvass the particulars, information, brand or any other materials mentioned in the blogs nor does it obtain any monetary benefit from the same.The Adani Realty shall in no circumstance be held liable for any expense, loss or damage including, without limitation, direct, indirect or consequential loss or damage, or any other expense, loss or damage whatsoever arising from the use of data, information, interpretation, judgement or opinion arising out of or in connection with the use of this Blog. Reader is advised to read and apply his/ her intellect and discretion in this regards.