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Srinagar’s Affordable Housing Up 10%

MD. Hazu
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EWS Projects in Bemina Boost Low-Income Housing Demand
Srinagar 
Affordable housing in Srinagar’s Bemina locality is witnessing a 10% surge in sales, driven by a focused effort to develop EWS (Economically Weaker Section) housing units. Priced between ₹20–35 lakh, these units are part of a state-supported initiative, backed by housing board funds aimed at enabling low-income families to achieve homeownership.

The project aligns with Jammu & Kashmir’s broader vision for inclusive urban development, offering compact 1 and 2 BHK units with essential amenities. These homes are designed for first-time buyers, particularly those working in Srinagar’s public and service sectors.

Officials from the housing board report that improved financing support, streamlined allotment procedures, and better project visibility have contributed to increased interest and faster bookings. Local real estate agents say that such developments are also reducing rental dependency and improving overall urban living standards in Srinagar’s western suburbs.

With Bemina now emerging as a key affordable housing zone, further projects of similar scale are under review to meet rising demand from economically weaker groups.