Lower income group
New Delhi- Delhi Development Authority (DDA) has passed its budget for 2013-14 which mainly focuses on development of affordable housing projects in its sub-cities and infrastructure development projects, followed by maintenance of green areas, building community centres and multi-storey wedding venues and more. The DDA Budget for the fiscal 2013-2014 was passed on Tuesday at [...] Continue Reading »
Bhubaneswar- Odisha developers are suspicious with the state government’s plan of developing one lakh affordable houses in 10 years. The government had initiated ‘scheme for affordable urban housing in Odisha-2012′ which directs developers to reserve 15 percent built-up space for developing residential units for economically weaker section (EWS) and lower income group (LIG). But the [...] 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 »
Lucknow- The UP Housing Development Board has proposed a new residential project along Shaheed Path near Sultanpur Road, Lucknow. Being spread over 4,524 acres of land, the project, ‘Avadh Vihar Yojana’, is located between Ansal API’s hi-tech township and Utratia station. Of the total area of the project, only 25 percent land is planned to [...] Continue Reading »
The Gujarat Housing Board (GHB) after over 15 years is planning to launch seven residential schemes in four major cities of the state. The plan is to construct 9100 flats in these seven projects. Out of the seven projects, three projects will be launched in Ahmedabad, two in Rajkot and one project each in Surat [...] Continue Reading »
The Maharashtra Housing and Area Development Authority (MHADA) are constructing the affordable houses in Mumbai region for the last six decades. MHADA will announce the the sale prices for the houses this year. However the listed prices are beyond the reach of low and middle income group. The tentative cost for the houses for Economically [...] Continue Reading »
In the recent 2012 annual budget, Rs 20,231.04 lakh was approved to Varanasi Development Authority (VDA). With the follow up of this, the vice chairman of VDA RP Goswami declared saying that Rs 17 crore aide will be given by state government for selling plots and buildings. Also, during the year 2011 VDA had planned [...] Continue Reading »
Good news coming up for Pune residents. The wait for affordable housing is over! Vastushodh Projects Private Limited, local real estate company has announced two of its projects as affordable homes for common man. The projects are ‘AnandGram’ and ‘UrbanGram’. The projects are mainly developed aiming at lower and middle income group. AnandGram is aimed [...] Continue Reading »
Mr Rajeev Talwar, Group executive director of DLF said that distinction between Government land acquisition process, and free trade between willing buyers and sellers in private sector transaction, should be maintained. Any escalation in the land cost will be passed on to the consumers. To paint private property transactions between the willing buyer and seller [...] Continue Reading »
