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Impact of affordable housing on premium segment

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Impact of affordable housing on premium segment

Last updated: February 2 2019
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  • Impact of affordable housing on premium segment

    Folks, there is an onslaught of affordable housing in Gurgaon. Some developers like Adani and Signature have done wonderful work with the delivered projects and there are myriad more projects on the way. Signature alone is going to deliver, if I am not wrong, 12 more projects.

    Now, these projects are very reasonably priced 4k/sq ft of carpet area, significantly lesser than the premium segment of any region. The difference magnifies even further when you do the comparison in fledgling sectors like 69, 71, 37 et al.

    My question to you is, in the coming years how do you think these affordable houses are going to impact the pricing of premium segment? I read in some thread that these affordable houses owing to their small size and low facilities will turn into urban slums. Do you see that possibility. I would like all experienced, wise members to share their thoughts.
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