"Fiscal incentives have come for affordable housing, which are very beneficial. "Then you need to have right sized units and right price," he said. Roongta said the lower margins in affordable housing are compensated by tax incentives and higher volumes. "Ten years back, affordable housing was far away from cities, but now it is at decent suburb locations and even within cities. "We are seeing people ready to buy right projects, in low to mid-income segments," he said.

Source: The Telegraph September 29, 2019 07:18 UTC