<h1>Realty invests Rs 200 crore in 12-acre affordable housing joint development; plans seven more sites, targets 20-25 lakh sq ft</h1> A realty company is investing Rs 200 crore in a 12-acre affordable housing joint-development in suburban Naigaon and plans similar joint ventures on seven additional Mumbai-area sites, targeting 20-25 lakh sq ft of development over five years. Projects will be developed with landowners under joint development arrangements, staged over multiple sale cycles, and rely on digital sales and AI tools to reduce distribution costs. The company reports high online applicant interest versus limited site visits and intends phased deliveries and future sales timing; pricing is expected to rise with each phase despite lower margins.