All Posts in Tag: affordable housing

Sales Gain Pace, in New Launches

Sales Gain Pace, in New Launches

The Millennium City — Gurugram — continues to see struggle in its residential real estate sector. The first half of 2018 has seen more than 60 per cent drop in new launches as compared to the same period last year. Sales, however, have improved by around 21 per cent over first half of last year,…

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Affordable housing offers 6-8 bn sqft development opportunity in India over 3-4 years

Affordable Housing Offers 6-8 bn sqft Development Opportunity in India over 3-4 years

Following a slew of policy initiatives and regulatory changes in 2017-18, affordable housing offers 6-8 billion sq. ft. development opportunity in India over the next 3-4 years, showed a CARE Ratings report. Affordable housing segment of late is being primarily driven by government policies and incentives. As per Government estimates, over 40 million urban homes…

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How Affordable is an Affordable Home

How Affordable is an ‘Affordable’ Home?

A flat advertised as costing Rs 20 lakh may have several additional cost inputs before you can call it your own! Nikhil Singh is a first-time home buyer and his annual salary is Rs 6 lakh. Today, rental housing is no longer an attractive proposition for him with so many options in the market in…

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State issues 86 Licences in 14 cities for Affordable Housing

State issues 86 Licences in 14 cities for Affordable Housing

The recession-hit reality sector seems to have taken a fancy for affordable housing with the state government issuing 86 licences in 14 cities in Haryana. The realtors plan to build subsidised houses under the Pradhan Mantri Awas Yojana (PMAY). Gurugram tops the list with 46 projects spread over 254.48 acres followed by Faridabad with 12…

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