50,000 affordable houses would be on offer by year-end in NCR: Anarock

Data from real estate consultant Anarock and other industry experts shows that around 50,000 affordable homes, including 16,000 in Gurgaon, would be for sale by the end of 2021.

NCR's affordable real estate market appears to be making an impressive rebound, despite the general gloom caused by the pandemic.

About 1.8 lakh affordable houses (less than Rs 40 lakh) are currently in various stages of development in NCR. As many as 110 affordable housing permits have been released since 2014 by the Ministry of Spatial Planning (DTCP) in Haryana, with a significant share in Sohna and Gurgaon.

Industry experts say that with the opening of markets and the return of business, the housing market appears to be returning to normal.

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