housing projects in India
In the coming months, a number of new housing projects will be offered across the country by the National Buildings Construction Corporation (NBCC). In addition, the company will also working on plans to redevelop three government colonies in New Delhi as “green complexes.” About the new projects to be offered by NBCC across India, the company’s CMD [...] Continue Reading »
Being developed in association by mortgage regulator National Housing Bank and Indian Banks’ Association Greenfield housing projects will soon come under a new rating system. The whole idea of rating intended to encourage lenders to give loans at discounted rates to individuals buying units in projects rated highly by NHB-IBA. It will in turn encourage [...] Continue Reading »
New Delhi- Housing sector is likely to gain infrastructure status with the upcoming Budget. This will boost the sector by providing easy access to funds and consequently increasing the availability of houses. Infrastructure status for the housing is a long pending demand. In 2012, the Ministry of Housing and Urban Poverty Alleviation (MHUPA) pushed for [...] Continue Reading »
The Union Ministry of Housing and Urban Poverty Alleviation is in the process of finalizing the brand new affordable housing policy for residents of India. According to sources it may take another two months to complete the process of formatting the bill. The government had already allowed external commercial borrowing for low cost houses in [...] Continue Reading »
The Value & Budget Housing Corporation (VBHC) has planned to launch six budget housing projects in the country by the end of this year. The group has planned to construct two residential projects in Mumbai, two projects in Delhi and one project in Bangalore and one in Chennai. The first project in Bangalore by the [...] Continue Reading »
Dharuhera in Haryana will get a new housing project from Raheja Developer. 640 apartments will be constructed in the housing project named ‘Oma‘. It will be one of the tallest building in the area with 40 storeys. The Raheja group is targeting the NRIs and the working individuals in the industrial areas nearby. The project [...] Continue Reading »
Mantri developers are going to implement digital living in all their under construction and coming up projects. Mantri has appointed Cisco as its strategic ICT partner for successful implementation of the smart homes. Cisco will provide its Master ICT planning expertise and smart+connected communities solution to all residential projects of Mantri Developers that are currently [...] Continue Reading »
The Ministry of Environment and Forests suggests the builders and developers to concentrate in construction of green buildings. According to a prediction, by 2050 almost 66% of the population will live in urban areas. At present the rapid industrialization and infrastructure development added with population growth and urbanization have put tremendous pressure on the environment. [...] Continue Reading »
