According to a study by property portal NoBroker.com, on a sample size of 7,063 tenants from across the country, nearly 83 per cent of the respondents preferred to search online, for prospective properties to … READ FULL STORY
As against 1.96 per cent of overall home loans not repaid for over 90 days, the same for loans under Rs 25 lakhs, classified as affordable housing, was 2.33 per cent as of November … READ FULL STORY
Home prices in small cities and towns are likely to see a gradual rise, on increased infrastructure activities and real estate developers focusing on affordable housing. Price growth will be higher and faster in … READ FULL STORY
According to rating agency ICRA, Budget 2018 has reinforced the government’s intent to focus on the development of the affordable housing sector under the Pradhan Mantri Awas Yojana (PMAY). “A significant increase in the … READ FULL STORY
The Haryana government has decided to revise its Affordable Housing Policy, to provide housing for all in the state by 2022. Chief minister Manohar Lal has approved the changes in the policy to provide … READ FULL STORY
After six months of pessimism in Q2 and Q3 of 2017, positive sentiments have surfaced in the real estate industry, with a current sentiment score of 52 in Q4 2017. The uptick stems from … READ FULL STORY
Mahindra Lifespace Developers Ltd (MLDL), on February 15, 2018, announced the launch of ‘Happinest – Palghar’ – the first affordable housing project to be undertaken by a joint platform between the company and HDFC … READ FULL STORY
In recent times, most of the new property launches in Bengaluru, have been concentrated in the northern region of the city. The attraction has been so profound that north Bengaluru has started overshadowing other … READ FULL STORY
Piramal Finance Limited (PFL), a subsidiary of Piramal Enterprises Limited (PEL), has set up a dedicated team to invest in affordable and mid-income residential projects, across the major metros in India. PFL has identified … READ FULL STORY
The centre has given its nod for the construction of over 1.86 lakh more affordable houses for the urban poor under its urban housing scheme, taking the total number of houses to over 39.25 … READ FULL STORY
Owing to cultural upbringing and high property prices, 82 per cent Indian millennials still live with their parents, with a majority of millennials still aiming to own a quality home. This was part of … READ FULL STORY
The government, on February 7, 2018, asked builders not to charge any Goods and Services Tax (GST) from home buyers, as the effective GST rate on almost all affordable housing projects is eight per … READ FULL STORY
“In the march towards affordable housing for all Indians by 2022, we will not have any financial constraints or bottlenecks,” housing and urban affairs (HUA) minister Hardeep Singh Puri said, on February 6, 2018. … READ FULL STORY
