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Affordable Housing News
Affordable housing segment offers Rs 45-lakh crore investment opportunity: Report
Mon, Nov 22, 2021
The affordable housing segment offers investment opportunities of around Rs 45 lakh crore, as 3.5 crore quality homes need to be developed in urban cities for those staying in substandard housing, according to property consultant Knight Frank India.
Bumper home buying in 7 cities! 'Record breaking' houses sold in Mumbai, residential sales figure sees 47% jump - Check this report
Tue, Oct 05, 2021
47 per cent increase has been seen in residential sales during January to September on year-on-year (YoY) basis, as per a report by property consultant JLL India.
Affordable housing! Karnataka government slashes 2% stamp duty on flats below Rs 45 lakh; Check these stocks in focus
Wed, Sep 22, 2021
Earlier the stamp duty was 5 per cent, which has been reduced to 3 per cent now.
Registration of homes in Mumbai municipal region jumps 2.5 times to 6,784 units in Aug
Tue, Aug 31, 2021
Registration of housing properties in Mumbai municipal region more than doubled to 6,784 units in August.
HOW Cabinet's decision to approve model tenancy law will encourage private sector to develop housing projects for rent purpose - Experts say this
Fri, Jul 02, 2021
The Union Cabinet approved the Model Tenancy Act, a move that will help overhaul the legal framework with respect to rental housing across the country.
Covid-19 hits affordable housing share in overall launches
Thu, Jul 01, 2021
The second wave of Covid-19 has impacted the share of affordable housing in overall residential supply, according to Anarock Property Consultants.
Property purchase alert for homebuyers! Planning to buy flat in 2021? This housing segment is still hot cake - Here is why
Sun, Jan 10, 2021
Looking at the response to affordable projects in the post-pandemic months and with some developers getting over-subscription in their projects, the year 2021 is going to be phenomenal for this segment.
Exclusive: Finance Ministry mulls including rehab units under special window for affordable housing, say sources
Mon, Sep 07, 2020
Finance ministry is planning to include rehabilitation and tenant units in case of slum development projects under affordable housing, sources told exclusively to Zee Business.
Good news! Low-income groups of this state to get access to affordable housing - All you need to know
Tue, Jun 30, 2020
It is a good news for low-income groups in the state of Tamil Nadu as Modi government!
Good news for home buyers! ICICI Home Finance launches affordable housing loan — SARAL; interest rate from 7.98% onwards
Thu, Jun 18, 2020
ICICI Home Finance (ICICI HFC) has launched SARAL – an Affordable Housing Loan, aimed to fund homes in urban and rural areas.
PMAY: Real estate developers hail Rental Housing Scheme; says benefit will trickle down to affordable housing, 'Housing for All'
Tue, May 19, 2020
While announcing the stimulus package for small developers recently, the Narendra Modi Government launched Rental Housing Scheme as part of the Pradhan Mantri Aawas Yojana (PMAY).
Union Budget 2020 INDIA BLUEPRINT: Zee Business Managing Editor Anil Singhvi outlines what common man, others want
Fri, Jan 31, 2020
Union Budget 2020 INDIA BLUEPRINT: Relief in personal income tax, rationalizing long-term capital gains tax (LTCG), Dividend Distribution Tax (DDT) and incentives for homebuyers could be the best Budget 2020 gift, says Zee Business Managing Editor Anil Singhvi (#BudgetOnZee)
Budget 2020 Expectations: Home loan interest payment rebate could galvanise homebuyers; see how
Tue, Jan 28, 2020
Budget 2020 Expectations: Expectations for a waive-off on interest payment up to Rs 5 lakh on home loans are high
Rs 250 crore to be invested for developing affordable & mid-income housing projects: Kamal Singal, MD & CEO, Arvind SmartSpaces
Mon, Jan 13, 2020
Kamal Singal, MD & CEO, Arvind SmartSpaces Ltd, talks about opportunities in 2020, the status of its nine projects, its partnership with HDFC Capital and budget expectations during an interview with Swati Khandelwal, Zee Business
Modi Cabinet clears Rs 25,000 cr special fund for stalled housing projects, announces Nirmala Sitharaman
Wed, Nov 06, 2019
FM Nirmala Sitharaman today announced AIF (Alternative Investment Fund) for the stalled affordable and middle-income houses.
Is Ghaziabad NCR's new affordable housing hotspot? Noida, Greater Noida remain favourite among mid-segment buyers
Mon, Nov 04, 2019
Ghaziabad is NCR's new affordable housing hotspot while Noida and Greater Noida have maximum mid-segment housing, a report said.
Diwali 2019: Top 5 boosters for sales of flats, residential units ahead of the festive season
Wed, Oct 23, 2019
Diwali 2019: Ahead of the big festival, a slew of measures have been taken by the Government of India in order to boost the housing real estate sector.
Future growth will depend on affordable housing and e-commerce: Siddhartha Mohanty, LIC Housing Finance
Wed, Oct 23, 2019
We have grown in the quarter and affordable housing segment has been the largest contributor - (in terms of number (+68%) and amount (+78%)) - and will help us in meeting our business targets in the year, says Siddhartha Mohanty, Managing Director and Chief Executive Officer, LIC Housing Finance (LIC HFL), during an interview with Zee Business.
Big boost for Affordable Housing! Over 4.5 lakh homes to be delivered by 2020 in 9 major cities: Report
Tue, Oct 22, 2019
Real estate developers are expected to deliver over 4.5 lakh affordable housing units in the coming 15 months, shows a research report by PropTiger.com.
Diwali 2019 real estate buzz! These top 5 points hold the key for housing sector
Wed, Oct 09, 2019
Real estate has been witnessing tough times in the recent few years as the housing sales have been witnessing stress and unsold inventories have piled up at various developers.