CREDAI seeks affordable-housing incentives, citing high costs and taxes

The Economic Times reports that CREDAI says land prices, construction costs and taxes constrain India's supply of affordable homes. At a Kolkata press conference, its president, Shekhar Patel, called for government incentives and the removal of the ₹45 lakh price cap from the affordable-housing definition, while retaining area limits. Patel said affordable homes' share of residential sales has fallen to 14 percent.