Rs 1.5 lakh benefit on interest paid on affordable housing loans extended by a year; Tax holiday for developers; industry hails initiatives The incentives announced by the finance minister would boost affordable housing projects in the country, say developers, finance…
Genuine beneficiaries and end users are now getting their dwelling units under the government’s programme ‘Housing for all by 2022’. If excess government held land is freed up for this purpose and the private sector is involved in the government’s…
Does the increase in the share of affordable housing launches of sub-Rs 40 lakh units mean a price correction?— Ankit Sharma Market is yet again aligning to actual end-user demand for more affordable units. Many cities, including the Delhi NCR,…
Private sector Bandhan Bank is expecting to give a big push to the affordable housing sector after completion of its merger with Gruh Finance, its MD and CEO Chandra Sekhar Ghosh said. Ghosh told reporters here on Thursday said that…
Realty firm Supertech plans to invest about Rs 4,000 crore to develop low-cost homes as it expects demand for affordable housing to rise after getting infrastructure status in the budget. Supertech has engaged consultants to raise about Rs 1,000 crore…
Incentives announced by the central government for the affordable segment have given a major boost to the realty sector. In the latest research report by a leading real estate research firm covering the top 8 cities of India, affordable housing…
New home sales in the country’s top eight property markets increased 5% on year in the quarter ended September, powered by a 24% surge in affordable housing uptake in a boost to the government’s ‘Housing for All by 2022’ scheme,…
The demand for affordable housing in Gurugram is quite healthy, owing to the currently attractive prices which fit the budgets of most of individuals looking for options in this segment. RERA WHICH PUTS THE ONUS OF TIMELY PROJECT COMPLETION ON…
Though the government’s radical measure of demonetisation has disrupted the economy and has hit the real estate sector — already reeling under prolonged slowdown — it will turn out to be a blessing in disguise in the medium-to-long term. As…
The government said on Tuesday that a universal affordable housing scheme will give a big boost to the construction industry as 1.2 crore dwellings will be built in three years under PMAY’s urban component and another 1.02 crore units under…