Making a strong case for supporting developers to help them come out of crisis, eminent banker Deepak Parekh said the government incentives have helped the affordable housing sector gain traction but homebuyers now clearly want "right developers, right price, right size and right financier. "Fiscal incentives have come for affordable housing, which are very beneficial. He said most state governments are offering land at good locations and reasonable prices for affordable housing and projects linked to the Prime Minister's Housing Scheme. "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: Economic Times September 29, 2019 05:48 UTC