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Tag: middle income group

Home ยป middle income group

By Harini BalasubramanianJanuary 30, 2025

DDA housing scheme 2024-25: Price list, flat booking last date

The Delhi Development Authority (DDA) caters to the growing housing needs in Delhi by launching various affordable housing schemes and enables the citizens to apply for its different housing schemes online through its official … READ FULL STORY

Current News
By PTIApril 27, 2020

Over 1 crore houses funded under PMAY-urban so far

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

Current News
By PTINovember 29, 2018

Gujarat tops the list among 2.75 lakh home buyers availing of the subsidy scheme under PMAY (U)

Around 2.75 lakh beneficiaries have availed of the subsidy scheme under the Pradhan Mantri Awas Yojana (Urban), with Gujarat topping the chart, the government said, on November 28, 2018. Maharashtra and Madhya Pradesh had … READ FULL STORY

Current News
By PTIJuly 8, 2023

PMAY: Carpet area hike to push home sales in smaller cities

The Ministry of Housing and Urban Affairs, on June 12, 2018, increased the carpet area of houses eligible for benefits under the Pradhan Mantri Awas Yojana’s (PMAY’s) credit-linked subsidy scheme (CLSS) to 160 sq … READ FULL STORY

Property Trends
By Ravi SinhaMay 11, 2022

Carpet area increase under PMAY, unlikely to benefit affordable housing

The government of India, on November 16, 2017, approved an increase in the carpet area of houses for the two middle-income group (MIG) categories, under the Pradhan Mantri Awas Yojana – Urban. Under the … READ FULL STORY

Current News
By PTIMay 11, 2022

Centre increases carpet area of houses under PMAY

The centre, on November 16, 2017, approved the enhancement of the carpet area of houses for the middle income group (MIG) category, under the Pradhan Mantri Awas Yojana – Urban (PMAY-U). Under the MIG-I … READ FULL STORY

Current News
By PTISeptember 25, 2017

Interest subsidy on housing loans till March 2019, for MIG

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

Current News
By PTIMay 5, 2017

DDAโ€™s 12,000-unit housing scheme awaits LGโ€™s nod

The Delhi Development Authority (DDA) has completed all the formalities for the launch of its housing scheme comprising 12,000 flats and the proposal has been sent to the Lieutenant Governor (LG) for his approval, … READ FULL STORY

Current News
By Amit SethiJanuary 24, 2018

Budget 2017: Expectations vs actual announcements for real estate

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

Current News
By Amit SethiJanuary 24, 2018

Budget 2017 analysis: Experts believe middle-class home buyers have been ignored

While the real estate fraternity has largely welcomed the announcements in the Union Budget 2017-18, certain sections in this sector, apart from the affordable housing segment, as well as buyers, are still trying to … READ FULL STORY

Property Trends
By Amit SethiAugust 13, 2019

Interest subsidy on home loans: A gift for the first-time home buyers!

Prime minister Narendra Modi, on the eve of new year, had announced an interest rate subsidy scheme on home loans. It is expected that this move, will provide a huge boost to the realty … READ FULL STORY

Current News
By PTIDecember 1, 2016

Top 8 cities will need 4.2 million houses in 5 years: Report

Total demand for urban housing is estimated at 4.2 million units for the period of 2016-2020, across the top eight cities, according to a report. Existing under-construction and planned supply of 1.0 million housing … READ FULL STORY

Current News
By PTISeptember 20, 2016

BDD chawl redevelopment to focus on MIG segment

Maharashtra chief secretary Swadheen Kshatriya, has said that the high-powered committee headed by him, has cleared the redevelopment proposals of the Bombay Development Directorate (BDD) chawls, at Naigaon and at NM Joshi Marg in … READ FULL STORY

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