The government is committed to ensuring a decent habitat for people in urban areas, particularly the poor and has taken various initiatives in this regard, Housing and Urban Affairs minister, Hardeep Singh Puri said … 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 7th Pay Commission has been notified and the salaries of central government employees and pensioners, are set for a major revision. This is likely to boost demand and liquidity in the real estate … READ FULL STORY
The Reserve Bank of India’s (RBI’s) governor, Urjit Patel, on August 2, 2017, pointed out that slow clearances are affecting affordable housing projects at the state level. “I think we need a time-bound single-window … READ FULL STORY
The Reserve Bank of India, on August 2, 2017, slashed its benchmark lending rate by 0.25 per cent to six per cent, citing a reduction in the upside risk to inflation. This reduction in … READ FULL STORY
An inter-ministerial Central Sanctioning and Monitoring Committee (CSMC), chaired by Housing and Urban Affairs (HUA) secretary Durga Shanker Mishra, on July 24, 2017, approved a first-of-its-kind affordable housing project on private land, after detailed … READ FULL STORY
The Tamil Nadu government, on July 5, 2017, proposed a new housing policy that will include a series of changes like reducing the cost of construction. Making a suo motu statement in the state … READ FULL STORY
Union Urban Development Minister, M Venkaiah Naidu, on June 30, 2017, launched the Delhi Development Authority’s new housing scheme and called for the people of the city to fully utilise the scheme. Addressing a gathering … 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
Union Housing and Urban Poverty Alleviation (HUPA) minister, M Venkaiah Naidu, on June 13, 2017, said that the scope of the centre’s flagship Pradhan Mantri Awas Yojana (PMAY) programme, will be extended to private … READ FULL STORY
Domestic rating agency ICRA, on March 22, 2017, said that the affordable housing segment is likely to grow over 30% over the medium term and will be the key growth driver for the mortgage … READ FULL STORY
1. Global capital flow into Indian real estate will increase further India was ranked fourth in developing Asia for FDI inflows, as per the World Investment Report 2016 by the United Nations Conference for … 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
