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"Increase affordable housing definition to Rs 1 crore," says Godrej Housing Finance CEO Mehernosh Tata

"Increase affordable housing definition to Rs 1 crore," says Godrej Housing Finance CEO Mehernosh Tata

The Indian housing finance sector is witnessing a significant shift toward premium developments, but for the industry to remain sustainable and inclusive, a renewed focus on affordable housing is essential. Mehernosh Tata, CEO of Godrej Housing Finance, highlighted in a recent ANI interview that while the real estate market in top cities is currently favoring luxury homes priced above Rs 1 crore, there is an urgent need to cater to the mid-income segment.

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