Affordable houses contribute only 15% to the total residential launches

In the April-June period, high-end housing units priced above one crore rupees saw significant sales and launches, with 43% of new launches and 38% of sales falling into this category, according to PropTiger.com. However, affordable housing's share decreased due to rising construction and land costs. The proportion of units priced up to Rs 45 lakh dropped to 15% of new launches.