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
Over 93 lakh houses have been constructed by the government in the last three-and-a-half years, President Ram Nath Kovind said, on January 29, 2018, outlining the centre’s target to provide houses to every poor … READ FULL STORY
Over the past one or two years, the major cities across the country have seen a significant rise in affordable housing projects. According to a white paper by KPMG, titled ‘Indian real estate: Unfolding … READ FULL STORY
A memorandum of understanding (MoU) signed between the Employees’ Provident Fund Organisation (EPFO) and the Housing and Urban Development Corporation (HUDCO), will club the benefits of the housing scheme introduced by the EPFO for … READ FULL STORY
Real estate sectoral body CREDAI, has urged the state governments to do away with the stamp duty< on landed property to eliminate multi-point taxation after the introduction of the GST. “CREDAI welcomes the introduction … READ FULL STORY
Tamil Nadu would sanction three lakh houses in 2017-18, under the central government’s ‘Housing for All’ scheme, union minister M Venkaiah Naidu has said. “The Tamil Nadu government has assured me that it will … READ FULL STORY
State Bank of India, on May 8, 2017, announced a steep reduction in its affordable home loan rates by up to 25 basis points, with the lowest rate of 8.35 per cent for new … READ FULL STORY
The Prime Minister’s Office (PMO), recently held meetings to discuss deliberations around undertaking projects in the PPP mode, to boost the supply of low-cost houses. This development comes in the backdrop of the thrust … READ FULL STORY
The Lok Sabha, on March 29, 2017, cleared four bills in preparation of the upcoming rollout of the Goods and Services Tax (GST) regime: Integrated GST Central GST Union territory GST Compensation bill This … READ FULL STORY
The Centre’s credit-linked interest subsidy scheme, for housing loans taken by people in the mid-income groups (MIGs), has been made effective from January 1, 2017, with EMIs to go down by over Rs 2,000 … READ FULL STORY
A parliamentary panel has asked the Housing and Urban Poverty Alleviation (HUPA) Ministry to immediately get a thorough probe done into the cases of fraud being committed by unscrupulous elements, in the name of … READ FULL STORY
The honorable chief minister of Karnataka, tabled the State Budget 2017-18 in the assembly on March 15, 2017. Below are the key provisions that may have a direct or indirect impact on Bengaluru’s real … READ FULL STORY
The real estate fraternity and home buyers, have now started analysing the fine print of the announcements made in the Union Budget 2017-18. This budget has drawn a clear distinction, between the affordable housing … READ FULL STORY
