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Affordable Housing to be the New Year Trend!

28 Jan 2015


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Affordable Housing to be the New Year Trend!

Going by the recent developments in real estate property trends, it has been predicted by investment pundits and economists that the new year is going to witness a growth in the affordable housing segment. Smaller homes packed with basic amenities at affordable prices are going to be the investors choice. As expected better career and income opportunities, to the prospective home buyers across India can lead to the rise in this segment.

Another reason can be expected stability in prices and borrowing rates being reduced. Also, first time buyers enjoy certain exemption from a tax deduction of 1 lakh rupees on the rate of interest paid for housing loans of upto Rs 25 lakhs, but only when the value of the flat does not exceed Rs. 40 lakh. For investors, affordable housing on the fringes of a mega-city like Pune, can be a source of constant rental appreciation.

For home seekers, a place like Ganga Niwas offers the benefits of affordable housing in the propitious location of Dhanori. These Vastu compliant 1 BHK flats, by the renowned Goel Ganga Developments, in Dhanori, Pune, also come with some good amenities like a party lawn, an amphitheater,a children's play area, a clubhouse and gymnasium.clubhouse and gymnasium.

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