Affordable housing schemes
Several innovative housing finance schemes – including the ‘80:20’ and ‘75:25’ schemes – are making a return to the housing finance market in a new avatar, thanks to the dwindling demand for residential real estate. The return of the housing financing schemes like ‘80:20’ and ‘75:25’ schemes, though with some notable changes, has come after [...] Continue Reading »
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 »
After receiving criticism for planning house schemes that did not prove to be beneficial because they were located in distinct areas, the Jaipur Developmental Authority has recently come to a conclusion to launch two new housing schemes within a month. This will become official in the zones of 11 and 14. There are 35 hectares [...] Continue Reading »
The realty sector is now starting to hope that “good days” will eventually return again with the promise of the new government coming to power. The biggest reasons for poor growth were lack of efficient policies and an unsteady and shaky economy. But with the coming of BJP, a lot of positive changes are expected [...] Continue Reading »
The real estate industry is dancing a new tune ever since the new incoming government has been elected. There are many consultants and builders that have put forth statements in the days gone by suggesting low and affordable homes for all. Taking a look at the manifesto led by the Bharatiya Janata Party, the Team [...] Continue Reading »
Everyone needs a roof over the head, not just the ones who can shell out big bucks. When we look at a home, we look at it as an investment and one that would be affordable, emancipating decent living and conditions too. Assocham now speaks out in favor of affordable housing, and wants measures for [...] Continue Reading »
The project implementation units (PIUs) of basic services for urban poor (BSUP) and Rajiv Awas Yojana (RAY), which take care of housing schemes totaling to Rs. 450 Crores in three different corporations are exploring for a merger. The PIUs will be merged as per the rules issued by the ministry of housing and urban poverty [...] 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 Maharashtra government has announced that it will soon increase the floor space index (FSI) in the state. The consideration comes as a way to permit developers to build taller buildings to promote the development of integrated townships around the state’s densely populated cities such as Mumbai and Pune. The government also sees it as [...] Continue Reading »
In a press release by the Government of India, The Ministry for Housing and Urban Poverty Alleviation department reported that to create a slum free India, Rajiv Awas Yojana has been launched. The housing scheme will provide financial assistance to States that are willing to assign property rights to slum dwellers and to provide basic [...] Continue Reading »
