Low-cost housing
The central government is considering to raise the limit of housing loans eligible at interest of one per cent to Rs 15 lakh from the current Rs 10 lakh. The proposal is likely to be discussed in the Union Cabinet this week. The move aims towards activating real estate growth as a major contributor 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 »
As government want to build low cost housing for lower income group, the realty industry wants to consider the construction of low cost housing as priority sector. The industry also wants the reduction in interest rate for the housing loan. To enhance the funding availability for the low cost housing projects, realty builders wants the [...] Continue Reading »
The Tata Housing Development Company recently had a tie up with Arvind group in order to launch integrated township in Ahmedabad. The township aims in providing low cost housing wherein each unit costing Rs 8 to 12 lakh. The Tata housing experts say that they have partnered with Arvind Real Estate who owns Arvind textile [...] Continue Reading »
Capitalization returns has become a major concern to the developers all over India. Midst these scenarios Shriram Land, a Bangalore based real estate firm has introduced low-cost housing. Shriram Land experts say that they have limited the risk management for a buyer and also their main aim is to offer gated communities in an eco-friendly [...] Continue Reading »
