All Posts in Tag: Housing for All

Real estate relief Indian millennials taking to affordable housing, say experts

Real estate relief: Indian Millennials Taking to Affordable Housing, Say Experts

With this scheme, homebuyers are actually getting attracted to the affordable housing segment – the engagement is high as the financial burden is not prohibitively expensive. Affordable housing is increasingly engaging with Indian millennials. Their move towards buying a home is due to the PMAY scheme and the reason is that it is putting less…

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GST Rate Cut to Pave Way for Affordable Housing

GST Rate Cut to Pave Way for Affordable Housing

The 33rd meeting of the Goods and Services Tax (GST) Council chaired by Finance Minister, Arun Jaitley summed a major change in the GST rates for under-construction housing projects. From 12 percent, the GST has now been brought down to 5 percent for under-construction houses and form 8 percent to 1 percent for affordable housing….

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Affordable Housing to Remain in Focus in 2019

Affordable Housing to Remain in Focus in 2019

Spurred by the Modi government’s ‘Housing for all by 2022’ programme, and combined with other incentives given to homebuyers, affordable housing is likely to remain in focus in 2019 Industry experts say that even though commercial realty hogged the limelight in 2018, affordable housing is going to give it a tough competition — not only…

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How does the Pradhan Mantri Awas Yojana Interest Subsidy Scheme for EWS and LIG Work

How does the Pradhan Mantri Awas Yojana Interest Subsidy Scheme for EWS and LIG Work

We examine the eligibility criteria and the process of disbursal of home loans under the government’s Pradhan Mantri Awas Yojana scheme that provides interest rate subsidies to EWS and LIG individuals The Centre has extended the Credit Link Subsidy Scheme (CLSS) on home loans for the middle income group (MIG) under the Pradhan Mantri Awas…

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