Credai-MCHI: Affordable houses supply increases 27%

MCHI logoBy Accommodation Times Bureau


The scheme for ‘Affordable Housing for All’ increased by 27 percent with the help of   various initiatives taken by the government.  From 20,485 units it raised to 26,081 units across eight cities during January-September this year, a recent study said.

Till September 2017, Mumbai witnessed the highest number of launches at over 19,400 new residential, out of which housing scheme had a share of 10,000 units. This indicates a rise of 300% over the same time last year.

Among these new launches almost 40 percent of affordable housing projects were launched in Mumbai, followed by Kolkata and Pune said real estate developers’ body Credai-MCHI.

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