With sizeable demand for quality affordable housing within the Mumbai Metropolitan Region (MMR), the growth potential for this segment seems promising, says Prabhat Ranjan, Chairman and MD of Olympeo Infra Ltd. In an exclusive … READ FULL STORY
The Indian economy, as measured by growth in Gross Domestic Product (GDP), accelerated by 6.3 per cent (Q3 2017), making an improvement from 5.7 per cent (Q2 2017). The growth is likely to exceed … READ FULL STORY
For many, the decision to buy a home, depends on whether one is able to get a home loan on time, or not. Most housing finance companies ask the borrower to pay 10-20 per … READ FULL STORY
Rapidly increasing urbanisation in India, is placing increasing pressure on the country’s housing stock. There is presently a shortage of 20 million homes across urban India and with 10 million more people choosing to … READ FULL STORY
For all the right reasons, the World Bank’s Doing Business 2018 report was the toast of the country and the markets reacted with positivity. As a country, we should analyse the WB report, not … READ FULL STORY
Maharashtra chief minister, Devendra Fadnavis, inaugurated the Greenbuild India Conference & Exposition in Mumbai, at the Bombay Exhibition Centre. Greenbuild is the world’s largest conference and expo, dedicated to green building and is premiering … READ FULL STORY
India Infoline Housing Finance Ltd (IIFL Home Loan), on October 18, 2017, has said that the company aims to add 15,000 customers under the government’s Pradhan Mantri Awas Yojana (PMAY) Urban scheme by FY18-end, … READ FULL STORY
The interest subsidy of up to Rs 2.60 lakhs on home loans under the centre’s affordable housing scheme, will now be available to middle-income group (MIG) beneficiaries for 15 more months till March 2019, … READ FULL STORY
The centre will invite companies from across the world, to showcase their construction techniques and adopt the selected ones, to build affordable houses for poor families in the country, a top official said, on … READ FULL STORY
The Reserve Bank of India (RBI), in its third bi-monthly monetary policy review for 2017-18 on August 2, 2017, slashed its benchmark lending rate by 0.25 per cent to six per cent. This rate … READ FULL STORY
A first-of-its-kind, voluntary, private sector-led initiative, the Sustainable Housing Leadership Consortium (SHLC), has launched a ‘greenhomes’ campaign that will work towards mainstreaming green homes in India. The aim, is for at least 20 per … 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
The actions of private equity (PE) investors, can serve as a good indicator of the sentiments in the real estate market. In the last few months, the government has announced several major initiatives that … READ FULL STORY
