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A checklist to ensure investing in affordable housing becomes rewarding

Keep return expectation limited to 10-11 per cent and ensure that the house you invest in can be rented easily

construction, real estate, realty
premium

The proposed amendment to the IBC will place homebuyers at the same level as banks and other financial creditors

Tinesh Bhasin
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