The issue of transparency in secondary or resale real estate transactions, has indeed been on everyone’s minds, ever since the Real Estate (Regulation and Development) Act (RERA) stepped in, to rescue the primary or … READ FULL STORY
Under a proposal, cleared by the Maharashtra cabinet on August 7, 2018, the MHADA (Maharashtra Housing and Area Development Authority) will form joint ventures with interested private landowners, to execute the centre’s flagship scheme, … READ FULL STORY
Investing in a property, is one of the most important decisions taken by a family. In the past few years, there has been a paradigm shift, in home buying patterns in India. From viewing, … READ FULL STORY
A parliamentary panel has observed that the Housing and Urban Affairs Ministry, is giving the ‘usual excuse of procedural delays’ in accounting for spent funds, in case of the government’s prestigious flagship programmes, but … READ FULL STORY
There has been a whopping 50 per cent jump in overall new housing launches in Q2 2018, over the preceding quarter, with the maximum supply in the affordable segment (less than Rs 40 lakhs). … READ FULL STORY
Housing loans of up to Rs 35 lakhs, for dwellings costing less than Rs 45 lakhs, will be treated as priority sector lending (PSL), to give a fillip to the low-cost segment, the Reserve … READ FULL STORY
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
The minister of housing and urban affairs, Hardeep Singh Puri, on June 7, 2018, warned home buyers that ‘fly-by-night operators’ were using the name of the Pradhan Mantri Awas Yojana-Urban (PMAY-U) programme to lure … READ FULL STORY
The Centre has approved the construction of 1.5 lakh houses for the urban poor under the Pradhan Mantri Awas Yojana (Urban), taking to 47.52 lakhs the tally of houses under the programme so far, … READ FULL STORY
With little space left in the developed areas of metropolitan cities, home buyers have shifted their focus towards upcoming locations. In Kolkata, there are many advantages to buying a home in an emerging location, … READ FULL STORY
The real estate sector in India has witnessed significant transformation over the past few years. Policy reforms, like the Real Estate (Regulation and Development) Act (RERA), announcements for affordable housing projects in the annual … READ FULL STORY
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
The standing committee on urban development, in its report on demand for grants for 2018-19 tabled in the parliament on March 9, 2018, said it was concerned to find that the actual utilisation of … READ FULL STORY
