All Posts in Category: Affordable Housing News

Affordable Housing: Will Lower GST on Affordable Homes help Revive the Segment?

Affordable Housing: Will Lower GST on Affordable Homes help Revive the Segment?

A concessional GST rate of 8% is expected to give the much-needed boost to the affordable housing segment. However, is this enough? 2017 saw a myriad of landmark reforms such as Real Estate Regulatory Act (RERA), Goods and Services Tax (GST), Real Estate Investment Trusts (REITs), and Infrastructure Investment Trusts (INVITs) being introduced by the…

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Govt May Ease Green Norms to Boost Affordable Housing

Govt May Ease Green Norms to Boost Affordable Housing

In its effort to make ‘housing for all by 2022’ a reality, the Centre has proposed to ease green norms for the building and construction sector where projects up to 50,000 sq metres will not require prior ‘environmental clearance’. The environment ministry had last week issued a draft notification in this regard, increasing the threshold…

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New Technologies Being Used to Build Quality Affordable Houses

New Technologies Being Used to Build Quality Affordable Houses

Scarcity and increasing cost of construction material calls for alternative affordable solutions for these segments. Speedy delivery of houses at affordable cost is the need of the hour and is one of the key challenges being faced in mass housing sector today. The Ministry of Housing and Urban Poverty Alleviation (MoHUPA) reports that India’s rural housing shortage stands at…

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With increase in FAR, Gurugram projects set to get more 'carpet area'

With increase in FAR, Gurugram Projects Set to Get more ‘Carpet Area’

New houses and upcoming residential projects to be constructed in Gurugram may have more ‘carpet area’, as Haryana government is planning to increase the floor area ratio (FAR) in urban area… Gurugram: New houses and upcoming residential projects to be constructed in Gurugram may have more ‘carpet area’, as Haryana government is planning to increase…

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