DLF to build one lakh houses costing under Rs 20 lakh each
Venturing where few private players have gone before, India’s largest realty firm DLF is is planning to build one lakh affordable houses that would cost less than Rs 20 lakh in major cities across the country.
According to sources, the company is giving final touches to its strategy for development of these one lakh housing units in the next three years under a new brand and the sub-Rs 20 lakh price is expected to be inclusive of all charges.
Earlier this year, DLF’s rival Unitech had announced entry into this segment as part of efforts to revive demand in the sector hit hard by the impact of the global downturn.
More : economictimes.indiatimes.com