1.13 Lakh Affordable Homes To Be Delivered By Next Year In Top Cities: ANAROCK
New Delhi: Around 1.13 lakh homes priced less than Rs 40 lakh will be completed and delivered across the top cities of the country by the end of the next year. This will be part of 2.75 lakh ready-to-move (RTM) houses that will be delivered in the same time period across the top seven cities, according to a analysis by ANAROCK property consultants.
Around 90,770 homes will be in the mid-segment range, that is, priced between Rs 40-80 lakh. Around 27,500 homes will be in ultra-luxury segment, that is, priced at Rs 1.5 crore and above.
About 13.1 lakh units are presently under construction at various stages that were launched between 2014 and third quarter (Q3) of 2019.
NCR will see the highest number of RTM supply at 68,070 units. Mumbai will witness supply of 56,760 RTM units. Bengaluru, Hyderabad and Chennai will see 37,860, 17,100 and 10,860 units of RTM supply respectively. Kolkata will see around 15,690 RTM units supply while Chennai will witness 10,860 RTM units supply.