The chief reasons for scrapping the Deen Dayal Jan Awas Yojna (DDJAY) were high cost of land and failure to benefit lower- and mid-income homebuyers.
Ansal Properties feels that demand may see a boost on the back of festive season going forward. However, prices may not see a reduction as input costs are high and supply needs to improve, Dinesh Gupta, COO of Ansal Properties told CNBC-TV18.