housing segment
Axis Bank, India’s third largest private sector bank, on the occasion of its 20th Anniversary launched ‘Asha Home Loan’ earlier this week. This is a 30-year home loan product for first-time home buyers in the lower income segment looking for affordable EMIs. Asha Home loans are for customers with family incomes of 8000-10,000 per month [...] Continue Reading »
Cushman & Wakefield, global property consultant, said, In the real estate sector private equity investment increased by 13 per cent to Rs 7,000 crore last year on higher inflows in the residential segment. “Total inflows from private equity funds in the real estate sector was recorded at Rs 7,000 crore ($1.2 billion) for 2013, an [...] Continue Reading »
The Indian developers mainly target luxury, high-end and upper-mid housing segment. Meanwhile the housing requirements of the lower middle-income and lower income groups that are grossly neglected in India. There is an ever-growing housing shortage since the cities fall short of planned housing for low-income group. According to the report by real estate services firm [...] Continue Reading »
