Affordable housing in India
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With the government giving a major push to the Affordable housing across India, the complete real estate sector is seeing this initiative as good capital appreciation and healthy returns. The government has also awarded affordable housing a status of infrastructure which aims at increasing private participation.

Numerous factors such as household income, location, price, size of dwelling units, employment opportunities, government incentives, etc. play an important role in defining affordable housing. Generally, this housing is targeted towards a particular section of society which has an income equivalent or lowers than the middle income.

So, in order to meet the growing demand for the housing needs of middle and lower income households, many developers these days are focusing more on this segment. So, let’s take a look at top cities in India where one can look for affordable housing:


National capital region or NCR covers a vast area of districts which are more or less closer to Delhi-the capital city. These regions include Ghaziabad, Noida-greater Noida and Yamuna Expressway, Bhiwadi and Sohna. Because of the large coverage area, there are numerous options for prospective home buyers to look for affordable housing.

Due to various infrastructural developments, the real estate market of NCR has seen lots of rapid changes in recent times. In a recent study, it was revealed that the affordable housing segment has shown a sharp rise from 21% in 2012 to 71% in 2017.

The average price of the units in these areas varies from Rs. 2,400 to 3,500 /Sq ft. One can find several affordable housing options available in these NCR areas as per their budget.


The real estate market of Hyderabad could be one of the most affordable tier-1 cities in India. Recently, the government of Telangana has implemented various positive measures to attract domestic as well as international investments to Hyderabad. Infrastructural developments like Metro, SRDP, and MMTS has also added on to the rapidly changing scenario of the Hyderabad realty sector.

Many well-developed localities Manikonda, Kukatpally, Miyapur, and Sainikpuri offer a good affordable housing option for property buyers. The average price of the property here varies between 30-50 lakhs. Other areas like Kukatpally and Gachibowli can also be looked as a good option in this segment.


This place is one of the upcoming markets in the category of affordable housing segment. After the announcement of Mumbai- Ahmedabad Bullet train corridor and several other development projects, many developers have shown their interest in the property market of the city. The petrochemical, oil, gas, energy, automobile industries as well as renowned educational institutions are some of the major drivers in the city.

The average property price here falls between 20 to 40 lacs in location like Nava Naroda, Nana Chiloda, Chandkheda, Gota, and Motera. However, the price of the units varies from Rs. 1,700 to 3,100 / sq ft.

Navi Mumbai

It is the new planned township of Mumbai which is awarded for cleanliness and hygiene by the Union Ministry of Urban Development (MoUD) and Quality Council of India (QCI) as a part of Swachh Bharat Abhiyan. Infrastructural developments, educational institutions, and premier MNCs have attracted many home buyers towards this area in recent times. Many realtors have also shown their interest in the area.

Recently, CIDCO has announced that it will use a 100-hectare plot that was earlier allotted for a Special Economic Zone (SEZ) to achieve its previously decided target of constructing 10,000 new low-cost homes. Even the areas of Dronagiri, Ulwe, and Kalamboli have also shown promising future in affordable housing segment due to their proximity to the proposed international airport and proposed SEZ.

The average property price falls here in between the range of Rs 30-50 lakh.


In recent times, the real estate market of Kochi has shown tremendous growth, especially in affordable housing segment. About 60% of the total housing projects in the city focus on budget-friendly projects. Apart from it many posh localities which were earlier focusing on luxury residences have started to give more attention to middle-income group home buyers.