Economics · Economy
What does the term 'Affordable Housing' generally refer to in the Indian perspective?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Housing that costs more than 60% of a household's income
- 2Housing that is completely subsidized by the Government
- 3Housing that costs 30% or less of a household's gross income✓
- 4Housing which costs 50% of a household's income
Correct answer
Housing that costs 30% or less of a household's gross income
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