Affordable Housing
Mumbai- The state government has made it mandatory regarding township projects to create approximately one-fourth of the area for economic activity to boost creation of new economic hubs. Exclusive township projects usually are those when a developer is allowed to create a township as well as offers all the necessary amenities and infrastructure in a composite plot [...] Continue Reading »
Pune- There are about three to four new projects coming up and a few on redevelopment basis focusing only on 2bhk and 3bhk apartments in the Vadgaon-Budruk locality, located in Western Pune. The new construction activity in the residential segment is in the range of Rs 2,300-4,500 per sq ft. and the area has witnessed [...] Continue Reading »
The real estate in Naroda, a Gujarat Industrial Development Corporation (GIDC), is booming and home buyers who are planning to buy a property within a range of Rs 8 lakhs to Rs 22 lakhs, then Naroda is the best option. Naroda has many national as well as multi-national company’s warehouses such as Parle G, Pepsi, [...] Continue Reading »
If you are planning to buy a house in metro cities then you have to wait for years to manage the downpayment but relatively in cities like Hyderabad and Pune the price of flats or rental values are affordable. In comparison, Bangalore is the third most affordable city to rent and fourth affordable city to [...] Continue Reading »
The real estate in Pune has shown signs of balance. According to a survey done by Jones Lang LeSalle (JLL), it was found that in last one month, leasing office space in Pune has been stable and there were no new supply of office spaces. Even the rents and capital value remained the same. Surprisingly, [...] Continue Reading »
The property price in Mumbai is touching the sky and it has become impossible for home buyers to even think of buying a property in Mumbai. However, there is an area called Badlapur where affordable houses are available in the range of Rs 17-30 lakh. The area is witnessing a huge demand because of affordable housing. [...] Continue Reading »
Incentives like free land allocation and public-private partnerships models have been sought by the realtors in order to increase affordable housing stocks for the economically weaker sections. With the increased shortage of housing for the poor sections of the society, the realtors have come up with this method and demand active government participation which can lead to a way to [...] Continue Reading »
Affordable housing has been an issue of concern for government and policymakers. There is a serious scarcity of homes for people who have an income of under Rs 10,000 per month or even less. 12th Plan working group on financing urban infrastructure estimates the housing shortage in the country at nearly 29 million units and [...] Continue Reading »
Real estate advisory firm Knight Frank, in its latest report, has mentioned that despite a dip in the number of new launches in Kolkata’s residential market last fiscal, it has not affected demand for the affordable and mid-segment housing. Kolkata’s residential market is expected to remain stable for the coming quarters of 2012-13. There has [...] 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 »
