Affordable housing in Mumbai has become not only a craze amongst most of us but it is a like a dream yet to be fulfilled. Owning a house in this dream city despite sky rocketing prices and ever rising EMI rates, the housing sector is still undergoing a boom in Mumbai. A number of builders are targeting areas where they are able to provide affordable homes to all. In Mumbai, some of the areas where owning a house has become quite easy are Navi Mumbai, Khandeshwar, Khopoli, Panvel, Mira Road and more of the western suburb areas.
The apartment rates start as low as Rs 25 lacs and goes up to 45 lacs depending on the number of rooms and other facilities available. These facilities include car parking space, garden, children's park and other social utility things. Various projects are developed in a way to specifically to cater the Lower Income Groups and Economically Weaker Sections. 1BHK flats are available for around 25 lacs and as the number of Bedrooms increase, the price of the flat also increases.
The most important thing today is to provide low cost flats or low budget houses for all the people living in the city. Mumbai has the highest rate of cost of living in India and is the most sought after place in India. Whether it is for education, career, jobs or whatever the reason be it has seen maximum number of people flocking in each day. Not many of them are in a position to buy flats that are at a high rate. For such people, affordable housing is provided and the list of builders who take care of the same is given below
Some of the property builders who take care of affordable housing in Mumbai are mentioned below:
