Affordable housing, the most neglected segment of the real estate sector, is now attracting large-scale investments from developers as well as private equity funds.

Some real estate majors are planning low-budget housing projects in smaller towns and cities across the country, private equity players are firming up huge investments for this segment. Smaller towns and cities are the primary targets.

For example, it is reported that Ansal API is building affordable houses in Agra, Ajmer, Meerut, Panipat, Sonepat and Kurukshetra, etc.

Read more on property investments...

Courtesy: - B.S. dated: - 16th June 2008