Rofgroup15 Nov, 2021Real Estate
Affordable housing is preferred and favored by homebuyers all around the year. However, there has been a rise in the number of luxury projects as well. The affordable housing projects are bridging the gap between the rich and the mid-segment. Key difference that sets apart affordable from luxury housing is the price. Luxury home prices can start from Rs 1 crore with no upper limit, while affordable homes are for the middle-class pool and hence fall in the bracket of 25 lakhs to 40 lakhs. The amenities offered is another parameter for differentiation in the segment. A luxury home is one that has amenities like Gym, Swimming pool, cycling track, badminton court, caf? & bar, spa and sauna, coffee shop, etc. affordable homes on the other side have very limited facility, like kid?s play area, gardens, swimming pool, etc. Yet affordable housing is preferred the most, since it offers the basic amenities in budget-friendly cost.
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