DLF, India’s biggest real estate developer said that it would invest Rs.15,000 crores over the next three years to develop various mid-income residential projects (affordable houses) across the country in Rs. 15.-40 lakh range.
DLF’s investment plans for …

A dream home in Chennai has become a lot cheaper. Hit hard by the financial meltdown, the construction industry is trying hard to get back to brisk business through affordable housing.
Now, the new price tags …

The Maharashtra Housing and Area Development Authority (Mhada) plans to sell 600 so-called budget flats in Mumbai around Diwali and expects at least 200,000 applications for this, an indication of the demand for affordable housing …

The days of large numbers of luxury and super-luxury apartments seem to be over.
Developers need to shift focus to building affordable housing in a bearish market where demand has slowed down and project funding is …