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Affordable housing won't be a good investment option

Sops announced are meant to attract end-users, may not provide enough capital appreciation

Topics
Affordable Housing

Priya Nair 



Building on the middle-class dream

You may have noticed advertisements from several builders offering affordable homes in the past few months. The implementation of the Prime Minister’s December announcement in the Union Budget has suddenly attracted a lot of builders into this segment. And, with loans coming at a good three-four per cent lower than the rack rate of banks, a lot of interest is being generating amid both buyers and investors.

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First Published: Wed, March 15 2017. 22:12 IST

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