Affordable housing segment
In a first of its kind move in the country, the Delhi Development Authority (DDA) is setting up affordable housing facilities scheme for senior citizens. These affordable housing units will have all the state-of-the-art facilities for senior citizens aged 60 years and above, so that they can live with comfort and ease. The houses are [...] Continue Reading »
With apartment sale in luxury and middle class segment on a decline, budget housing is the new innovation in the property market. Majority of the builders are now focusing on developing housing units in under 20 lakh price range. A new Innovation Given the decline in interest among luxury customers, builders are now focusing on [...] Continue Reading »
For an affordable housing and infrastructure Reserve Banks allowed all banks to give loan against housing bonds issued by them. This makes loan borrowers pleased. Proclamation by Reserve Bank of India Many of retail investors make investment in long-term housing bonds (type of bond to finance for housing development) to get financing affordable housing and [...] Continue Reading »
The Chief Minister of Haryana, Manohar LalKhattar in a statement on Monday said that concrete steps would be taken by the government to ensure that the people of Haryana get access to affordable housing. For this endeavour, he seeks the cooperation of the Private Sector. The CM of Haryana addressed a conference of the CREDAI [...] Continue Reading »
Affordable housing is needed for the health and well-being of people along with smooth functioning of economies. In the coming 10 years, there will be an exponential rise in urban housing cost and population dwelling in substandard housing. Through this period, India shall feature among the top housing challenged countries till the government starts working [...] Continue Reading »
Affordable Housing being the mantra of the new NDA government to make the dreams of owning a house realize for every Indian citizen, the year has witnessed the move of several leading developers to the affordable housing segment. One such notable move was made recently by Mahindra Lifespaces Developers, the real estate arm of Mahindra [...] Continue Reading »
Bengal Aerotropolis Projects Ltd (BAPL), the specialized infrastructure company engaged in the identification and development of aerotropolis projects in India is currently developing India’s first aerotropolis in Durgapur, West Bengal. This company on Thursday announced that they will enter into the ‘Affordable Housing’ segment. This move is in continuation with its vision of developing societal [...] Continue Reading »
The home-loan figures released by home financiers for the first quarter of fiscal 2014-15 have revealed that potential home buyers are no longer postponing their decision to purchase a home. According to the statistics shared by mortgage bigwig HDFC, the company witnessed a year-on-year growth of 23 percent in its retail home loan book during the [...] Continue Reading »
Urban Development Minister M Venkaiah Naidu revealed in an interview with TOI on Friday that Delhi Development Authority (DDA) has been asked to offer more housing schemes for buyers from all income groups. The move is essentially aimed at meeting the shortfall in housing in the Capital. According to the details shared by Naidu, DDA will plan more housing [...] Continue Reading »
Modi government is determined to provide housing for all by India’s 75th independence day and the market experts are geared up to help Modi in this agenda. Housing especially for the poor has always been a priority for the National Democratic Alliance (NDA) government. In its previous term lead by the then P.M Shri Atal [...] Continue Reading »
