Recession effect: Budget homes in demand

PUBLISHED ON: January 17, 2009 | Duration: 1 min, 42 sec

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The financial meltdown did hit the real estate sector hard, but now, if you're looking to buy a home in the budget category, you're spoilt for choice. Like lakhs of Mumbaikars, Vineet Kumar's dream is to buy a home in the city. Since the last eight years, this engineer is living in a rented apartment in the western suburb of Kandivali with his family. This budget property exhibition is another point in his quest for an affordable home.
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