Affordable Housing: How Can Developers Optimize Costs?
A market that has come into its own over the last few years is affordable housing. This is partly attributed to many government schemes, including the approval of industry status to affordable housing, the Pradhan Mantri Awas Yojana (PMAY) scheme, and the project of Housing for All by 2022. In fact, it is in affordable housing where developers need to concentrate on cost optimization in order to maximize the bottom line. Cost optimization is nothing but ensuring that the cost of the project, over the development phase, remains below the budgeted cap. When it comes to cost optimization, there are many variables to remember.
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