Despite the high unsold inventory in real estate, a few high net worth individuals (HNIs) are looking for investment opportunities in the affordable housing space. Their reasons: Costs are low, the developer has to stick to the project delivery timeline to avail of government sops, and there’s high demand for such homes.
A few clients of Abhijit Bhave, chief executive officer, Karvy Private Wealth, have even invested in this space. “Affordable housing is a lucrative investment avenue due to the high demand for such homes,” says Bhave. According to him, the major metros have witnessed rapid suburban growth in
A few clients of Abhijit Bhave, chief executive officer, Karvy Private Wealth, have even invested in this space. “Affordable housing is a lucrative investment avenue due to the high demand for such homes,” says Bhave. According to him, the major metros have witnessed rapid suburban growth in

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