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 union cabinet, on February 20, 2018, approved the creation of a fund of Rs 60,000 crores, to finance the Pradhan Mantri Awas Yojana (Urban), a move that union minister Hardeep Singh Puri said … 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
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
“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
Finance minister Arun Jaitley’s Union Budget for 2018-19, by and large did not have any major announcements for the real estate sector. While developers have termed Budget 2018 as a pro-buyer populist budget, home … READ FULL STORY
With maximum increase in allocation to the Smart Cities Mission, the Housing and Urban Affairs (HUA) ministry’s budgetary provisions have been pegged at over Rs 41,765 crores for the next fiscal, a hike of … READ FULL STORY
There were no major direct announcements related to realty sector, in the Union Budget 2018-19. However, there is an expectation in the market that the efforts made by the government, could boost the real … READ FULL STORY
2018-02-02 | 7:28 PM Budget 2018: A lot more could have been done, say home buyers With the Union Budget for 2018-19 out of the way, Housing.com News spoke to several property seekers … 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
Mortgage lender Indiabulls Housing Finance (IBHF), on January 2, 2018, said it has raised Rs 1,000 crores from private sector lender Yes Bank, in the country’s maiden social affordable housing bond sale. The money … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on December 26, 2017, asked builders to give a new shape to Nashik city. Addressing the concluding ceremony of the exhibition ‘Shelter 2017’, Fadnavis underlined the need for a … READ FULL STORY
As many as 54,474 houses have been constructed in Gujarat, since 2014-15, under the Pradhan Mantri Awas Yojana (Urban) scheme – the most by any state or union territory. The number accounts for 18.70 … READ FULL STORY
