Affordable Housing - the opportunity

[Mridul]

Further from the scuttlebutt -

Kolte Patil Developers

Discussed this further with my developer friends last evening. Just jotting down the points quickly. Excuse me for poor style of writing… “Good stable developers” will be manage to create a profitable model from this affordable housing boom. Working capital requirements to start a housing project has become a headache for the developers post RERA, as one will need to register a project first with the authorities (and for that the developers must have 60-75% of the building cost in bank upf…