The Ghaziabad Development Authority enhanced the cost of new houses to be built under the Pradhan Mantri Awas Yojna in the district. The new houses under the PMAY will now cost Rs 6 lakh instead of Rs 4.5 lakh, GDA Vice-Chairman Krishna Karunesh said. In its board meeting chaired by GDA Chai... Read more...
The Government would ask other financial institutes to open up the financing avenues on the lines of SWAMIH Fund to provide priority debt financing for the completion of stalled housing projects, revealed Shri Hardeep Singh Puri Minister of State (Independent Charge) of the Ministry of Housing and U... Read more...
The government’s flagship rural housing programme is suffered a serious financial setback as cash-strapped state governments have refused of at least nine states have not released their requisite share to the tune of Rs. 2,915.21 cr for the Pradhan Mantri Awas Yojana (Gramin), which aims to replac... Read more...
National Real Estate Development Council (NAREDCO) welcomed Rajesh Goel, as the new Director General of the real estate body which works under the Ministry of Housing and Urban Affairs. Prior to taking over as the Director General of NAREDCO, Mr Goel was serving as the Chairman and Managing Director... Read more...
The Government has announced some progressive initiatives to boost affordable housing and has offered lucrative tax concessions to benefit home buyers. BY DEO SHANKAR TRIPATHI, MANAGING DIRECTO & CEO, AADHAR HOUSING FINANCE Reducing the GST rate from 8 % to 1% for the under construction proper... Read more...
A noted businessman and media personality once said that, ‘A budget consists of telling your money where to go, instead of wondering where it went!’ And to that end, this government seems to have had the right idea. BY VISMAY P. SHROFF, PARIMAL K. SHROFF & CO. ADVOCATES, SOLICITORS & ... Read more...
A recent industry survey reports the real estate sector estimated growth to USD 1 trillion by 2030. Realty+ analyses the factors contributing to such bullish outlook. Research: Leandra Monterio & Sreyasi Maity The quest for touching the dream figure of a trillion dollars seem to come to an end... Read more...
Mumbai, home to some 24 million people, is among India's most expensive real estate markets. Yet, owning a piece of realty in this property hotbed is becoming more affordable vis-à-vis similar realty hot spots. Knight Frank’s latest report on ‘Urban Futures’ names Mumbai as one of the most af... Read more...
Investors Clinic, one of the leading real estate consultancy firms, has launched a mega Realty event ‘Property ke sabse saste 7 din’ to sell both residential and commercial properties at the lowest ever price. The inventories include residential flats and plots, as well as commercial, retail sho... Read more...
IIFL Home Finance Ltd. (IIFL HFL), India’s leading housing finance company was recently in the news for closing in on touching the 20,000 beneficiaries mark in terms of CLSS subsidy disbursed under Pradhan Mantri Awas Yojana. To celebrate this achievement, the company decided to felicitate the ben... Read more...