Of
the total 5,191realty projects — residential, commercial, mixed use and
plotting schemes — registered so far with the state regulatory authority, 33%
or 1,694 are affordable housing projects.
AHMEDABAD: Realtors
across Gujarat seem to be betting big on affordable homes. Around one-third of
all the real estate projects registered with Gujarat Real Estate Regulatory
Authority (GujRERA) fall under affordable housing category.
Of the total 5,191realty
projects — residential, commercial, mixed use and plotting schemes — registered
so far with the state regulatory authority, 33% or 1,694 are affordable housing
projects. Among affordable housing projects, 878 are only residential and 816
are mixed use with residential and commercial units.
The data compiled by the
state real estate regulator further reveals that with 502 registered affordable
housing projects — residential and mixed use — Ahmedabad has the highest number
of such projects. Ahmedabad is followed by Vadodara (361), Rajkot (265), Surat
(236) and Gandhinagar(103).
Large number of real
estate projects in Ahmedabad and across Gujarat are in affordable segment as
the demand in real estate market is mainly driven by affordable homes,” said
Ashish Patel, president of real estate body GIHED-CREDAI.
‘Govt made affordable
housing possible’
A recent report by real
estate consultancy firm Knight Frank India also states that 2,844 residential
units were launched in Ahmedabad during July-December 2018. Of this, a major
part of the launches was in affordable housing segment.
“61% of the total units
launched in second half of 2018 were in price category of less than Rs 50 lakh.
It has generally been believed that Ahmedabad is a price sensitive market and
is largely affordable,” the report adds.
According to real estate
players, government’s push on affordable housing has also provided a
much-needed impetus to the construction of dwellings at affordable prices. With
this, affordable homes supply is going to increase in days to come. Of the
total 5,191 registered projects in Gujarat, 2,580 are residential ones, 1,639
are mixed use and 864 are commercial projects.
For Any Queries Contacts us
Phone- 9099993192
E-mail- landcorerealestate@gmail.com
Web- landcorerealestate.com (coming
soon)
No comments:
Post a Comment