Significant demand for affordable housing would be a key growth driver for the real estate sector. Home buyers face challenges while deciding when to purchase houses. While favorable economic conditions lead to higher incomes for home buyers, it also leads to spiraling real estate prices. On the other hand, during economic downturns, while real estate prices decline, people become skeptical about their incomes and adopt a more cautious approach to purchases. In such a scenario, affordable housing may provide an ideal solution to home buyers’ dilemmas.