‘TriCity & Willow Homes cater to homebuyers looking for affordable yet luxurious living spaces’

financialexpress.com:

In an exclusive interview, Gaurav Kansal, Director, KBP Group, shares his views on the key factors driving the demand for affordable housing projects in the current market scenario, and talks about the concept of Tricity Homes, Smart Homes, and Willow Homes. Excerpts:

What are the latest trends in the real estate market, particularly in the affordable housing segment?

The newest trend in the real estate market, especially in the affordable housing sector, is a shift towards giving quality and good-looking spaces at reduced costs to the people. Developers are becoming aware of the increasing demand for low-cost housing options that have the latest facilities and amenities without losing on the level of comfort and convenience.

What are the key factors driving the demand for affordable housing projects in the current market scenario?

There are many factors that are responsible for the increasing demand for affordable housing projects in the present market scenario. Primarily, the increasing living cost and the stagnant income levels have posed a great challenge to many potential homebuyers in affording the top-tier housing options. Besides, the government has also contributed to the make-up of the demand for the affordable housing units by its initiatives such as Pradhan Mantri Awas Yojana (PMAY) and tax incentives. Furthermore, the population shift from the countryside to the cities to find more jobs has resulted in the need for cheap housing solutions in the cities.

How do Tricity Homes, Smart Homes, and Willow Homes cater to the needs of homebuyers?

TriCity Homes, Smart Homes, and Willow Homes are the houses that fit the requirements of homebuyers who are looking for affordable yet luxurious living spaces by