53% of Affordable Housing Buyers Unhappy with Available Options

According to the ANAROCK-FICCI Homebuyer Sentiment Survey for H1 2024, 53% of affordable housing buyers in India are unhappy with available options, citing issues like poor project location and low construction quality. As demand for larger homes grows, with 51% preferring 3BHK units, interest in affordable housing continues to decline. The survey also shows a significant shift towards premium and luxury homes, indicating changing buyer preferences in the current market.

MahaRERA seeks report from Developer on Quality of Construction Materials

As per, the Real Estate (Regulation and Development) Act, 2016 a significant…