He noted that while the overall industry is growing, the sector meant for low-income buyers is shrinking. "The biggest problem we see today in housing is in the affordable housing segment," Hiranandani said.
India's premium and luxury housing segment is undergoing a structural expansion, with demand steadily moving beyond traditional metropolitan markets into Tier-2 and Tier-3 cities, according to industry reports and developers.
Bengaluru (Karnataka) [India], November 7: NVT Quality Lifestyle, a niche luxury real estate developer, today announced plans to triple growth and establish its stronghold in the premium and luxury housing segment, with a series of new, large-scale projects in Bengaluru, over the next 3 year
Bengaluru (Karnataka) [India], October 8: Tata Housing Varnam Phase I, part of the 135+ acre integrated township Carnatica in North Bengaluru, has crossed ₹1,000 crores in sales since its market debut on 15th August 2025. The response underscores continued homebuyer confidence in Bengaluru's
The Centre, in consultation with the states, will evolve a mechanism to ensure that land prices for affordable housing projects are kept relatively lower than those for other housing segments, particularly under the Prime Minister Awas Yojana (PMAY), said Manohar Lal, Minister of Housing & U
IIFL Home Finance Limited (IIFLHFL), a leading housing finance company focussed on the affordable housing segment, has secured a USD 100 million (in equivalent Indian rupee) financing from the Asian Infrastructure Investment Bank (AIIB).
The supply of new affordable housing in India's top 15 tier 2 cities witnessed a steep decline of 54 per cent in January-March quarter (Q1) of the current year, indicating a shrinking Focus of developers on the affordable housing segment.
But the latest ANAROCK research highlights a promising trend - unsold inventory in the affordable housing segment (Less than Rs 40 lakh per unit cost) fell by 19 per cent across the top seven cities in the past year, from 1.40 lakh units (Q1 2024-end) to 1.13 lakh units (Q1 2025-end).
New Delhi [India], April 11: India's real estate sector has welcomed the Reserve Bank of India's latest monetary policy move, which saw the repo rate reduced by 25 basis points to 6%. Industry leaders believe the decision-aimed at boosting economic momentum amid global uncertainties-will imp
Senior housing segment within the real estate sector which has long struggled to gain mainstream acceptance is now gradually becoming more viable, presenting an opportunity for comapnies, according to a report by GRI Club.
Delhi NCR [India], March 7: The luxury housing segment in NCR has witnessed remarkable growth, with Noida and Greater Noida emerging as prime destinations for high-end residences. The areas boast world-class infrastructure, strategic location, and a rapidly growing economy, making it home to
New Delhi [India], February 25: Luxury real estate in Delhi-NCR is seeing sustained growth, offering buyers a diverse range of options, from established high-end neighborhoods to rapidly developing micro-markets. The housing segment experienced a steep surge in demand for both luxury and pre