affordable housing policy
M H Ambareesh, the Housing Minister had once mentioned on Tuesday that the State Government will now focus on the modalities of the Affordable Housing Scheme. This is where the developers will be given the opportunity to earmark at least 25% of the houses to all income groups who tend to be lower at rates [...] Continue Reading »
Delhi: With urbanisation expected to grow at a compounded annual growth rate of more than two percent over the next 20 years, there is a great need to develop better policies to provide mass housing, particularly in the suburbs and satellite towns of metros and Tier I cities. The government has to reform the development [...] Continue Reading »
The Rajiv Awas Yojana was announced in the 2009 budget. It was a government initiative to improve the living conditions for the urban poor through the construction of houses in India for the so-called economically weaker sections (EWS). A critical part of the program, amounting to one-fourth of such projects, is developing rental accommodation. However [...] Continue Reading »
The Union Ministry of Housing and Urban Poverty Alleviation is in the process of finalizing the brand new affordable housing policy for residents of India. According to sources it may take another two months to complete the process of formatting the bill. The government had already allowed external commercial borrowing for low cost houses in [...] Continue Reading »
A property show will be conducted in Mangalore by Manipal Ace Event Management Company on May 19 and 20. ‘Mangalore Realty and Buildcon Expo will showcase all the available and coming up real estate projects in Mangalore. Builders, promoters, banks and housing finance companies will participate in the realty expo. The organizers have planned to [...] Continue Reading »
The government has planned to frame new affordable housing policy to boost up the weakening real estate sector in India. In an announcement by the Union Ministry of Housing and Urban Poverty Alleviation, it is confirmed that that the government is in the process of finalizing such a policy in two months. The government is [...] Continue Reading »
