Affordable Housing Share Takes A Big Hit
Dalal Street Investment Journal|July 19, 2021
Sharing the research data of his company, Anuj Puri, Chairman, ANAROCK Property Consultants, reveals that in 2020, of the total 1.28 lakh units launched in the top seven cities, the affordable segment’s share reduced to 30 per cent. The mid-segment had the highest share in 2020 at 40 per cent while the premium category saw its share increase to 21 per cent
Anuj Puri

The pandemic has significantly altered previously dominant trends in the Indian residential market. Notably, it has dented the overall new affordable housing supply share across the top seven cities. The latest research data from our company indicates that out of the total new launches of approximately 36,260 units across the top seven cities in Q2 2021, the affordable segment priced below ₹40 lakhs contributed a mere 20 per cent share i.e. approximately 7,230 units. The premium segment priced between ₹80 lakh to ₹1.5 crores had the highest launch share of 36 per cent with approximately 13,130 units, followed closely by the mid-segment with a 32 per cent share of approximately 11,760 units.

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