affordable housing project
Noida: Despite many challenges being faced by housing projects in Gautam Budh Nagar because of the land row for an inordinate amount of time, the region continues to be an affordable housing hub. The Greater Noida and Yamuna Expressway authorities had recently released housing project forms for 12,000 flats for which they witnessed overwhelming response. [...] 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 »
Tata Housing Development Company Limited, a renowned real estate company in India, has planned to develop 100 million sq ft of space in various cities across India by 2017. According to the Managing Director and Chief Executive Officer of Tata Housing, currently around 55-60 million sq ft is under various stages of planning and execution. [...] Continue Reading »
Provident Housing Limited, subsidiary of Puravankara Projects, has announced the launch of the country’s largest premium affordable housing project in Bangalore. The project named ‘Provident Surworth‘ is a 6 million sq ft project spread over 60 acres, located off Mysore Road near the NICE Ring Road junction. The construction work will start soon. The project [...] Continue Reading »
FDI-backed real estate firm Alpha G Corp, is looking to set up an integrated housing project on the outskirts of Ahmedabad. The company already owns and manages the Alpha One mall at Vastrapur. Alpha G has already launched three township projects, one each at Fatehbad, Karnal and Amritsar. The company is looking at the real [...] Continue Reading »
Developing affordable housing seems to gets boost in Hyderabad. The master plan of Hyderabad makes a reservation for affordable housing projects comprising a minimum area of 4 hectares. Of all the group housing schemes which include apartments, row housing, cluster housing, mixed housing units and residential enclaves, 5 per cent is reserved to be developed [...] Continue Reading »
A recent survey was carried out by real estate research firm Jones Lang LaSalle (JLL) on affordable housing in seven cities – Mumbai, New Delhi, Kolkata, Chennai, Pune, Ahmedabad and Bangalore. The survey shows that Mumbai tops six other cities in the country for the number of upcoming affordable housing projects. Around 15 projects are [...] Continue Reading »
About ten new township projects have been launched by Sahara India in Tier-2 and 3 cities in the country. These projects cover around 900 acres out of its 27000 acres spread across the country. The group has also launched an affordable housing project in the name of Sahara Swapna City which will be built in [...] Continue Reading »
The Lalit Suri Hospitality Group will invest Rs 1,200 crore to expand its business in the next three years. In the expansion plan, the group has decided to enter the mid-level segment. In the next three years, the group will invest in developing properties in Tier II and Tier III cities in India. During the [...] Continue Reading »
The Value & Budget Housing Corporation (VBHC) has planned to launch six budget housing projects in the country by the end of this year. The group has planned to construct two residential projects in Mumbai, two projects in Delhi and one project in Bangalore and one in Chennai. The first project in Bangalore by the [...] Continue Reading »
