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Where is the cheapest place to live in Gurgaon? If affordability is a priority, one of the cheapest places to live in Gurgaon is Sector 109. This sector offers a range of residential options at competitive prices, making it an attractive choice for budget-conscious individuals.
Definition: Affordable housing refers to housing units that are affordable by that section of society whose income is below the median household income.
An "affordable house" refers to a home that fits within the budget of average people, with a price and maintenance cost that align with their income. These houses are often targeted towards middle-income and lower-income families. Government initiatives and affordable housing schemes, like the Pradhan Mantri Awas Yojana (PMAY), play a significant role in providing such housing options.
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