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Affordable Housing

Real estate prices unlikely to reduce

Real estate prices unlikely to reduce
New Delhi- Real estate in India, in the present year 2013, seems to have a good start with many new launches, interest rate cuts, and quicker project approvals in progress. Finance minister P Chidambaram identified that many incomplete stalled projects could be resumed construction if supported by financial institutions. Reserve Bank of India (RBI) is [...] Continue Reading »

Development Plan sees higher FSI and design policy

Development Plan sees higher FSI and design policy
Ahmedabad- Apart from Ahmedabad, other major cities have also given nod for higher FSI levels and changed design plans by the state urban development department (UDD). With affordable housing and transit oriented housing playing a key role  in solving the housing issues, there has been a large scale redevelopment in major dilapidated areas in the city of Ahmadabad. With [...] Continue Reading »

Eco City, a new launch by Namrata Group in Pune

Eco City, a new launch by Namrata Group in Pune
Namrata Group has launched its new premium residential project, Namrata Ecocity  in Pune. It is located in Talegaon in Pune. The project offers 1 and 2 BHK apartments in the size range of 465- 676 sqft area. Namrata Ecocity offers world class amenities like club house, kids play area, multipurpose club to fullfill the recreational needs after a long [...] Continue Reading »

Forecast of Budget 2013-14 on Pune real estate

Forecast of Budget 2013-14 on Pune real estate
With the upcoming Budget for the financial year 2013-14, Pune real estate has many hopes on it. The authorities in the finance ministry have already stepped onto the right path by taking steps to increase liquidity in the system by reducing the cash reserve ratio (CRR) as well as repo rates and bank lending rates [...] Continue Reading »

Supply of residential units in Ahmedabad falls drastically

Supply of residential units in Ahmedabad falls drastically
Ahmedabad- On one hand, the developers are waiting for an increase in floor space index (FSI) rules and on the other hand the year 2012 recorded 46 percent drop in the residential unit supply in Ahmedabad. The maximum number of projects in Ahmedabad were in mid segment while the it was just 12 percent in [...] Continue Reading »

It is time to reform India’s housing policy- CREDAI

It is time to reform India’s housing policy- CREDAI
New Delhi- For better development of real estate of India, it is necessary to improve the housing policy of India, says Confederation of Real Estate Developers Association of India (CREDAI). CREDAI said that it is very important for every nation to focus on its housing sector for the sake of development of economy. Improving the [...] Continue Reading »

MoUs worth Rs 1.34 lakh cr signed for affordable housing in Gujarat

MoUs worth Rs 1.34 lakh cr signed for affordable housing in Gujarat
Both domestic and global real estate players have signed memorandum of understandings (MoUs) of about Rs 1.34 lakh crore in the affordable housing and construction industry. Totally eight MoUs have been signed for various verticals in housing and construction, including affordable housing technology, pre-cast construction technology and slum rehabilitation. Affordable housing sector saw the maximum [...] Continue Reading »

Gujarat’s affordable housing on hype

Gujarat’s affordable housing on hype
Affordable housing remains the most critical issue in Gujarat, say experts. Experts from various sector opine that the issue has reached critical dimensions due to the state’s high urbanization growth rate compared to other states. The state witnessed political clashes during assembly elections based on the issue. Gujarat Congress declared ‘own house’ or ‘Ghar nu [...] Continue Reading »

Real estate regulation bill to be included in budget session

Real estate regulation bill to be included in budget session
The government is coming up with new Bill with the forthcoming budget session in the parliament so that the real estate sector can be regulated with proper rules and regulations as commented by the Housing minister Ajay Maken. The Bill is introduced so that the real estate developers and investors can carry out a fair [...] Continue Reading »

Real estate market of Hyderabad gains stability

Real estate market of Hyderabad gains stability
Hyderabad – After a half year spent in Telangana issue, now Hyderabad real estate market has shown some stability with healthy demand of IT space and affordable housing. It is expected that the year 2013 will bring growth of city in terms of projects, prices and land. Hyderabad real estate market faced many ups and downs [...] Continue Reading »



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