Is the concept of "affordable housing" truly feasible for middle-class families? Experts and industry leaders analyze the current state of affordable housing and discuss necessary improvements.
The recent budget announcement has left many industries, including real estate, dissatisfied with a lack of significant changes or incentives for foreign investments. The budget's provisions are seen as inadequate to combat the ongoing recession.
Middle-class families struggle to find affordable housing in metro cities, often facing poor designs and compromises in quality. Design standards are needed for builders.
The real estate sector is evolving, with a new trend of using celebrity names to brand properties, attracting high-end clients but possibly alienating the middle class.
Indian real estate values are anticipated to surge from $12 billion to $90 billion by 2015, driven by urban demand and a booming economy.