The Maharashtra Housing and Area Development Authority's Nashik Board has announced an online lottery for 478 affordable flats under the EWS category. Priced between Rs 5.48 lakh and Rs 27 lakh, these units range from 215 to 537 sq ft and are located in six areas across Nashik as part of the 20% Inclusive Housing Scheme. This initiative aims to provide housing opportunities to low-income families.
KRERA data reveals Ernakulam's shift from 1-2 BHK flats to premium 3-4 BHK apartments, driven by young professionals and demanding affluent buyers seeking spacious, smart homes in prime locations.
Unsold luxury apartments in Mumbai reach 2,300 units, with prices ranging from Rs 10 crore to Rs 23 crore, as developers adjust to consumer demand.