The Pradhan Mantri Awas Yojana (PMAY) is a credit-linked subsidy scheme through which the centre along with the state governments provide affordable housing for the low and moderate income residents of India. It has … READ FULL STORY
Launched in 2015, the Pradhan Mantri Awas Yojana (PMAY) is in Phase 2 now. In this phase, the centre has taken up an aim of constructing 3 crore houses under the PMAY by 2029 … READ FULL STORY
Having your own house is among the most important things in life. It provides you with a sense of belonging, financial security, and protection. However, with real estate prices increasing more and more every … READ FULL STORY
The real estate sector, its buyers and all other stakeholders, had put forward several demands and expectations from the Union Budget 2021-22. Some of their demands were met, whereas some were missed. The realty … READ FULL STORY
Amid the Coronavirus pandemic, the central government has extended the Pradhan Mantri Awas Yojana – Credit-Linked Subsidy Scheme (PMAY-CLSS) for the Middle-Income Groups I & II. The last day to avail of the subsidy, … READ FULL STORY
Women have mastered the art and science of making a home out of a house or an apartment. It is something that comes naturally to them. What is interesting though, is that women have … READ FULL STORY
While affordable housing has high demand in India and can contribute significantly towards building sustainable urban spaces, several challenges need to be addressed so that this segment, which accounts for most of the unsold … READ FULL STORY
Buying a house involves significant financial expenditure. Consequently, a little planning and effort can help you to save lots of money, when you buy a home in 2020. Home loan tax savings in … READ FULL STORY
The Centre on December 28, 2019, approved construction of 6.5 lakh houses under the Pradhan Mantri Awas Yojana (Urban or PMAY-U), taking the total number of houses being funded under the scheme to over … READ FULL STORY
Update on September 4, 2019: If media reports are to be believed, the government is planning to expand the scope of ‘affordable housing’ by including housing projects costing up to Rs 50-55 lakh in … READ FULL STORY
Mumbai recorded the third-highest growth in annual household incomes at 20.4% over a five-year period from 2014 to 2018, according to the inaugural issue of Knight Frank’s global report, ‘Urban Futures’. The growth in … READ FULL STORY
Divyata Kalhans Account director, Mumbai I have purchased a property in Jaypee Krescent homes, Noida, for which I opted for a home loan. I am disappointed with this budget, as there is no change … READ FULL STORY
Update on July 5, 2019: Finance minister Nirmala Sitharaman, while presenting the Union Budget 2019-20, on July 5, 2019, said the government is proposing additional tax deduction of Rs 1.50 lakhs on the interest paid … READ FULL STORY
