Navi Mumbai: A building under construction, ahead of the presentation of the Union Budget 2024-25 by Union Finance Minister Nirmala Sitharaman, in Navi Mumbai, Monday.
Bengaluru: While there is no denying that it is a boom time for luxury housing, it is the affordable segment that remains a thorn in the side for realty developers. Clearly, the past attempts by the government to incentivise affordable housing have been ineffective. The rising cost of land and the increasingly scarce urban land in prime locations have not helped. And now, realtors have come up with novel solutions to the problem, which they hope will be heeded to in the upcoming Union Budget to be presented on February 1.
