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
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
Haryana chief minister Manohar Lal Khattar has approved the slum-in-situ policy, which states that the government would allot houses to people living in urban areas, by developing colonies under the PPP (public-private partnership) model, … 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
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
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
It has been a year since demonetisation was announced on November 8, 2016 and was touted as a surgical strike on black money. Although, in the aftermath of demonetisation, the GDP growth has come … 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
Over the past one or two years, the major cities across the country have seen a significant rise in affordable housing projects. According to a white paper by KPMG, titled ‘Indian real estate: Unfolding … READ FULL STORY
