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Latest Articles in affordable housing

Government approves construction of 1,86,777 affordable houses for Urban Poor

RS.11,169 crore investment approved with central assistance of Rs.2,797 Crore. Haryana Gets 53,290 houses, Tamil Nadu-40,623, Karnataka-32,656, Gujarat-15,584, Maharashtra-12,123, Bihar-11,411, Kerala-9,461, Uttarakhand-6,226, Odisha-5,133

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Govt grants Infra status to affordable housing to ensure lower borrowing rates.

The move has been taken to ensure lower borrowing rates, tax concessions & increased flow of foreign & private capital, said Minister of State of Housing & Urban Affairs Hardeep Singh Puri on Monday..

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“Housing for All by 2022” gets a boost with dedicated affordable housing fund

Going forward we would like the Government to look into pressing issues that have been highlighted by industry bodies at regular intervals. GST and stamp duty issues must be addressed at the earliest.

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Ahead of the election year, a pro-people budget with development agenda

Whether there will be on-ground action in renewal and development of cities, uptake of infrastructure funds, implementation of railway safety initiatives, or development of industrial corridors, in absence of a follow on mechanism, is yet to be seen.

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Affordable Housing: The Game Gets Real

Skyrocketing property prices, land saturation and subdued demand for mid-range homes in the tier I cities have led buyers and investors to explore more cost-effective markets in non-metro (Tier II & III) and suburb cities.

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Kerala to conduct survey of urban homeless

The 'Shelter for Urban Homeless' scheme is being implemented as part of the National Urban Livelihood Mission and Kudumbashree is the nodal agency of the programme in the state

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The Second Homes Market Post Demonetization

The trend of buying second homes or vacation homes saw an upswing.

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Is GST Bad News For Homebuyers And Renters?

Once GST comes into effect from July, the leasing of land and buildings - as well as home loan EMIs paid by those who purchase under-construction apartments - will attract the applicable tax rate. Depending upon the tax rate that gets announced for real estate, the effect could be higher or lower than today.

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Get cases of fraud in PMAY (Urban) scheme probed:Panel to govt

The Standing Committee on Urban Development, in its reports 'Demands for Grants (2017-18)' for HUPA Ministry, noted that a lot of bogus builders/developers are apparently registering and enlisting a lot of consumers for allotment of economic weaker section/ lower income group house in the name of affordable housing scheme under the mission of 'Housing for All by 2022'.

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Govt Approves 90,095 More Affordable Houses for Urban Poor

Madhya Pradesh has been sanctioned 82,262 houses in 49 cities and towns with an investment of Rs.5, 260 cr with central assistance of Rs.1, 071 cr. Jammu & Kashmir got 4,915 houses in 24 cities and towns with an investment of Rs.240 cr and central assistance of Rs.74 cr. Dadra & Nagar Haveli’s capital Silvassa has been sanctioned 803 affordable houses with an investment of Rs.26 cr and central assistance of Rs.12 cr.

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