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Real Estate Forum on Housing For All By 2022

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: It is nothing but an effort by the government to promote its ''Housing for all'' scheme and strengthen the property market.
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.
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Q: Knowing the fact that both residential and commercial market in this sector have not grown as aggressively as we all expected.
Latest Answer: If you are looking for a job or already working in real estate, you may get lucky as http://www.sonipatproperty.com companies are giving above average salary increases. This despite both the residential and commercial markets have not grown as aggressively as analysts or the industry have been hoping under the Modi-led NDA government.
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Q: It is seen that there are 2.45 lakh constructed houses lying vacant all over India. It makes fun of Modi Government's housing for all dream.

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).
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Q: Scope in the affordable housing sector is huge as there has been a change in demand from big ticket size buys by investors to end-use customers which are almost 85% of the home aspirants.

Latest Answer: But still funding would be a challenge in the affordable housing class for few more quarters till there is clarity on certain policy issues, structured debt and equity will be available for those entering this space. If policies will be in favor of them, there is a chance of booming in the affordable segment.
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Q: Will this policy be an an improvised, practical and a better version of the Centre's "Housing for All by 2022"?
Latest Answer: This policy will be an improvised, practical and a better version of the Centre's "Housing for All by 2022". Maharashtra is nearly 50% urbanized and the state's urban needs are different compared to that of the rest of the country. The proposal will be brought before the cabinet soon for approval.
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Q: Private players can play a major role in achieving the target of "Housing for all" by 2022.
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.
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Q: Half of Mumbai's population live in slums without basic sanitation and safe drinking water which can be a great threats for Narendra Modi's goal of building everyone a home by 2022.
Latest Answer: Do you know that Mumbai has its two dumping sites, Asia's biggest and arguably oldest that opened in 1927. It spread over 326 acres in eastern Mumbai and takes half of the city's daily refuse. While a smaller landfill in Mulund occupies about 62 acres while a 353-acre one is further north in Kanjurmarg.
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Q: Last week, the government announced 3 flagship project - Smart Cities, Housing for All by 2022 and the Atal Mission for Rejuvenation and Urban Transformation that aim to change the face of urban India.
Latest Answer: Hi all, I am quite sure that this upgradation will help these regions to fulfil the basic needs for real estate to perform and succeed in the long run. For all the projects approved, the government will contribute 50% of the funds with an equivalent amount to be organized by the states themselves. This makeover of infrastructure in 272 cities and towns will duly fuel and introduce a fresh wave of realty demand in near future.
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Q: How Budget 2015-16 affects real estate sector?
Latest Answer: It is very crucial to understand that "Housing for all by 2022" is a bigger term than what is being understood by the common public. There is lot more to it than just providing houses to everyone. The government has planned to not only build more houses, but to redevelop slums, decrease interest for poor section, involving private sector and also aid urban poor for renovating the existing homes.
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Q: Can anyone tell me what are the reason for breaking of the Mumbai's Shanghai Dreams?
Latest Answer: As per the date, private-equity property funds disclosed 64 investments last year in India, of which 54 had a value of $2 billion. The number of transactions was 14% higher than the 56 investments with 52 disclosed deals valued at $1.86 billion in 2013. Don't forget that some policy change or other every year and each has a big impact on the pace of development.
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