Real Estate Forum on Housing For All

Latest Answer: Hi everybody!!!! This bill also propose to revise the Act so as to provide for 100% deduction of the profits of an assessee developing and building affordable housing projects if the project is approved before the March 31, 2019.

Latest Answer: Hi all,. Of this number, 2.45 lakh houses have found no takers. The ministry has merged all the housing schemes - JNNURM, RAY under one umbrella to launch Modi's dream initiative, Pradhan Mantri Awas Yojana (Housing for All).

Latest Answer: It is true Sangyukta. But opposition party is not interested and trying to obstruct the approval. They don't know that the Bill will provide a uniform regulatory environment to ensure speedy adjudication of disputes and orderly growth of the real estate sector.

Latest Answer: But the biggest issue faced by buyers is the inability of builders to deliver on time. This problem is especially acute in Delhi-NCR and MMR. In NCR, only 20% projects are running on time. The figure for MMR is 15%. Now, the decision is urs.

Latest Answer: Yes, Naidu had also told at an event organised by Assocham in Delhi on 17th of September 2015, that relaxation of FDI norms in housing sector such as reducing the minimum investment from 10 million USD to 5 million USD and minimum built up area for a project from 5 lakh sq-mt to 2 lakh sq-mt.

Latest Answer: Hi Raj Roy, Under the scheme, 481 projects were sanction for building 7.89 lakh homes. Of them, development of 6.03 lakh homes have been finished while work is in advancement for 1.86 lakh units as on April 16. Respectable Mr Naidu likewise communicated certainty that development of all homes under the scheme would be finished by March 2017. The expense for 481 projects was assessed to be minimal over Rs 22,693 crore. The works being done under BSUP were surveyed consistently and states and union regions were encouraged to finish "continuous projects quickly" Mr Naidu said.

Latest Answer: The 2022 target of a pucca home with basic facilities in the name of the lady of every household in the country will be achieved two years in advance.

Latest Answer: Hi Mr Akash, In my point of view, the programme will begin with a baseline survey to assess the demand for such housing and identify resource requirements. As per the present assessment, Mumbai will need a maximum of 16 lakh such houses, Delhi's requirement will be over six lakh while Kolkata and Chennai will need four lakh such houses each.

Latest Answer: Hi Mr Raj Roy, According to sources, under this Housing For All activity, also known as Pradhan Mantri Awas Yojana, The central govt has focused to construct nearly 2Cr homes for urban poor people by the year 2022. This will happen at the same time with the 75the year of India's freedom. This activity was launched by honorable prime minister Mr Modi.