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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The four years of the Narendra Modi government, marked by landmark reforms, have seen the complete transformation of the unorganised and opaque real estate sector into a regulated, transparent, affordable and consumer-friendly asset class. Notwithstanding the global slowdown, Indian real estate’s troubles have been self-created. The sector has been bogged down largely due to lack…
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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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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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Objective of this portal is to promote affordable housing scheme launched by Central govt of India to provide housing for all by 2022 under Pradhan Mantri Awas Yojana and Deen Dayal Awas Yojna scheme. Home Buyers can search and get information on affordable Housing projects in Gurgaon, Sohna, Faridabad and other cities of Haryana.
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