Affordable Housing
APREDA property show 2011 will be held in the Hyderabad and promises to be bigger and better property show compared to APREDA property show 2010. APREDA property show 2011 in Hyderabad will be held at Hyderabad International Trade Expositions Ltd (HITEX), India’s top destination for International Exhibition. Andhra Pradesh Real Estate Developers Association (APREDA) has come [...] Continue Reading »
Jaycee Homes, the premium property developer for over 15 years is all set to foray into the affordable housing segment in Mumbai. The venture has witnessed a recent slump faced by the real estate sector and hopes to cater to people in seeking affordable homes. However earlier the company’s director Dipesh Bhagtani had remarked that, [...] Continue Reading »
Ahmedabad property show of Gujarat Institute of Housing and Estate Developers (GIHED) was held recently, which aimed to property buyers perspective. Over nearly 60,000 people had visited this show and over 500 properties displayed the interior decoration themes for the lavish bungalows costing nearly Rs 7 crore. Jaxay Shah the vice president of Confederation of [...] Continue Reading »
The Mumbai government appointed a committee to take care of the low-cost rental housing scheme and this was proposed by the Mumbai Metropolitan Region Development Authority( MMRDA). The scheme of providing shelter for the poor people in the city who could not afford to pay high rental rates. This project aims at providing accommodation for the slum dwellers in [...] Continue Reading »
A new housing infrastructure is soon to be completed in Chennai. There is likely more number of housing projects yet to come into floors near Chennai City to meet the segments of the society. Ms. Jayalalitha, Chief Minister of Tamil Nadu announced that Rs, 2,160 crore has been declared as a fund for the upcoming [...] Continue Reading »
Navi Mumbai, that could once boast of offering houses at moderate prices is now burning a hole in a buyer’s pocket. Residents are not happy with the scene. What they want is that the place must go back to its original plan of offering affordable homes. The town witnessed a good housing growth till five [...] Continue Reading »
In the home loan market, Mumbai has dropped to number three position and Chennai is number two. A combination of factors ranging from increase in number of nuclear families to growing job opportunities in Chennai have led to a steep demand for residential real estate. Chennai has always been a conservative market as far as [...] Continue Reading »
Real estate developers in Ahmedabad are building dwelling units of smaller size to make them affordable. The size of 3 and 4-BHK apartments reduced by around 40% to keep their prices down. The trend of smaller dwelling units started 3-4 years back but now it seems to have become the norm in the city’s construction [...] Continue Reading »
International Finance Corporation (IFC) is strengthening its affordable housing team in India. Senior investment and property development managers and green specialist from its global office are expected to join the Indian arm by August. The low-cost housing initiative is currently headed by Subrata Dutta Gupta who was earlier involved in IFC’s housing finance business. It [...] Continue Reading »
Mahindra Partners, a private equity arm of the Mahindra group, has conceptualized a $293.7 or Rs 13,217 house (not including land cost) that could be explored for global commercial application. A team from Mahindra Partners had submitted an entry and has now been invited to the US for a prototype workshop. With Nano home in [...] Continue Reading »
