Realty firms home in on ₹45 lakh projects
- Rising demand in the ₹45 lakh category is aided by GST benefits and the Centre’s aim to provide housing for all
- Despite the adversities, developers are pursuing a middle ground to bring back elusive homebuyers
Bengaluru: Homes costing up to ₹45 lakh have emerged as the sweet spot for builders and buyers alike, helping partially offset a tough real estate environment in India, with rising demand in this price category aided by benefits under the goods and services tax (GST) and the government’s aim to provide housing for all.
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