Government initiatives and financial accessibility drive surge in affordable housing projects across Trichy's suburban areas, attracting middle-income buyers and developers.
The Delhi Development Authority (DDA) introduces Sabka Ghar Awaas Yojana 2025 to address housing shortages in Delhi, offering 25,000 affordable flats across multiple locations. Geared toward middle-income groups, the scheme includes discounts, financing options, and emphasizes sustainable development, aligning with broader urban infrastructure goals.
Cushman & Wakefield reported a 16% decline in new home launches across India's top eight cities in 2012, with the majority of launches targeting the middle-income segment.
Omaxe Ltd plans to raise property prices and launch four new projects, investing fifteen billion rupees with projected revenues of 23 billion rupees over 30 months.
The Housing Ministry proposes tax breaks, price caps, and interest rate freezes for first-time homebuyers. It also suggests debt-restructuring for realtors and encourages housing for low and middle income groups.