60,000 affordable homes to come up in Haryana
Launch of affordable homes by the state government likely to improve realty market sentiments
The slow real estate market, which barely had new launches, threw up a surprise this year. Affordable housing pushed up numbers. There was some activity in the market due to projects launched under the Haryana government’s Affordable Housing Policy 2013. Prominent developers who are coming up with about 60,000 units under the schemes are Adani Realty, SignatureGlobal and Tulip Infratech. Around 57,000 apartments measuring about 400 to 600 sq ft are up for sale in Haryana.
Urban planners clarify that the Haryana affordable housing policy is meant to attract the middle class earning an average salary of ₹ 40,000 per month and is not necessarily for the economically backward class. The housing projects are also located in established sectors. In fact, the