Tag Archive | "affordable homes"
Affordable homes remain a distant dream
Rising inflation and overall price increase of raw materials and services are pushing property rates north in key markets, making affordable homes unaffordable. Following a series of stimulus packages and the economic revival, developers have jacked up property prices by 10 to 35 per cent in the last few months. “We have increased prices from Rs 3,999 [...]
Continue reading...Will the Budget offer sops for realty sector?
Wednesday, February 24, 2010
A key priority in the wish list is extension of Section 80-IB (10) of the Income-tax (I-T) Act, which gives a tax break to companies building affordable homes The growth in demand and sales volumes in the realty sector seen about six months ago is now slowing. Several developers in metros have increased residential property prices [...]
Continue reading...More rental homes on offer
Friday, February 19, 2010
REALTY SOARS State’s green panel gives nod to new projects in city’s outskirts Projects offering affordable rental homes on Mumbai’s outskirts are back on track. The Mumbai Metropolitan Region Development Autho- rity’s (MMRDA) rental housing schemes have taken off with four of its biggest projects get- ting an approval from the state’s green panel. The State Expert Appraisal [...]
Continue reading...MMRDA’s rental homes scheme hits roadblock
Tuesday, January 5, 2010
HOUSE GROUSE No environmental clearance, says state body, till sewage facilities are in place It will be a while before anyone can rent affordable homes in the city’s far-flung suburbs. Mumbai Metropolitan Region Development Authority (MMRDA) rental housing scheme to build 5 lakh affordable homes, has hit a roadblock even before actual construction can take off. The [...]
Continue reading...More affordable houses, but not enough buyers
Monday, November 30, 2009
After the euphoria, “affordable” realty developers are faced with the reality of excesses. Consider this: In May this year, property developer Jaypee Greens put the sold-out sign within hours of launching its affordable project Aman on the Greater Noida expressway. The 3,000-odd apartments were priced at Rs 2,100 per square feet. Another Jaypee Group company, which [...]
Continue reading...Affordable homes, really?
Saturday, November 21, 2009
Affordable Homes is an emerging segment in Chennai. But are they really affordable? If so, what makes them affordable? Radhika Ramaswamy finds out… If you are looking to buy a house anywhere across the city, you would be quite familiar with the plethora of advertisements and brochures that promise to provide affordable housing - the [...]
Continue reading...Attibele-the new low-cost housing capital
Wednesday, October 14, 2009
Attibele would seem to have all that is needed to build affordable homes: land that isn’t priced out of the market and proximity to an industrial hub as well as to a big city This quiet town, 35km from Bangalore on the border of Karnataka and Tamil Nadu, could well be the lab where India’s next [...]
Continue reading...Parsvnath to develop township project in Rohtak
Monday, August 31, 2009
Realty firm Parsvnath Developers today said it has received approval from the Haryana government for a township project in the state, in which the company would invest about Rs 380 crore. The company “has received the letter of intent for grant of licence from Director, Town and Country Planning, Haryana, for developing approximately 118 acres of [...]
Continue reading...LIC Housing Finance sees improving home market in FY10
Saturday, June 13, 2009
The state-run firm has seen a 40% increase in loan applications in the first two months of this fiscal year Mortgage lender LIC Housing Finance Ltd expects the housing market to pick up this fiscal year on declining loan rates and as firms focus on affordable homes, its chief executive said on Friday. Through much of 2008-09, [...]
Continue reading...Unitech’s new brand for affordable homes
Wednesday, June 10, 2009
Unitech plans to launch a new brand, Uni Homes, for affordable housing projects. These projects will be priced at Rs 10-30 lakh, a company official said. The first project under the brand will be in Chennai, followed by Manesar in the National Capital Region. Apartment sizes would start from 660 sq ft. In the affordable category, [...]
Continue reading...Tatas advance low-cost housing target by 2 years
Wednesday, June 10, 2009
Tata Housing, a unit of Tata Sons, is advancing its plans to build 15,000 low-cost dwelling units by two years. Besides, it should add 300 more houses in its Mumbai project to take the advantage of demand for such homes, a top company official said. Tata Housing had earlier planned to develop 1,000 houses under the [...]
Continue reading...Unitech eyes Rs 10-lakh homes
Monday, May 25, 2009
IT IS something that you would not expect from a big-ticket real estate brand.In a sign of the times where demand lies in affordable homes, Delhi-based Unitech Ltd is planning to launch projects with homes priced around Rs10 lakh, echoing the downmarket strategy pursued by the Tatas. The company outlined its intention in a said in [...]
Continue reading...Residential projects in Vikhroli
Saturday, May 23, 2009
Primarily a commercial centre, Vikhroli is now gaining attention as residential projects have started flourishing in the area Affordable homes have become the latest trend in real estate due to which distant locations have gained new identities, with buyers opting to settle here. One of the suburbs of Mumbai, Vikhroli, is located on the central railway [...]
Continue reading...Sanjay Chandra | ‘As a company, we need to concentrate on launching affordable projects’
Saturday, May 16, 2009
What we want to focus on is rather than realization per acre, cash flow per acre, says Unitech managing director, Sanjay Chandra Unitech Ltd, the other star in the realty firmament whose shine seemed to have faded is ploughing its way back. Unitech managing director Sanjay Chandra explains how exactly in a special interview with CNBC-TV18. [...]
Continue reading...Mahindra Lifespace plans affordable homes in Nagpur
Tuesday, April 7, 2009
The firm is building 1,500 apartments in a special economic zone in Nagpur, with price tags of less than Rs3,000 per sq. ft, said Pawan Malhotra, chief executive of Mahindra Lifespace. Mumbai: Real estate firm Mahindra Lifespace Developers Ltd, a subsidiary of auto maker Mahindra and Mahindra Ltd, is the latest to join the so-called budget [...]
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- NOIDA, Greater Noida Flat Booking : but a little cautious
- Delhi : 1000 unauthorized colonies will be regularized soon
- 275-metre ritzy tower to come up in Prabhadevi
- DLF changes tack in city realty market
- MMRDA clears land for 50,000 rental flats
- Gudi Padwa fails to bring cheer to realty market
- Noida Extension is all set to become Delhi NCR’s next budget housing hub
- Ghaziabad : Residents get raw deal from builders , They allege many promises unfulfilled
- Technopark ties up with group of banks for funding
- Ambuja Realty plans Rs.1,065 crore investment
Wednesday, March 10, 2010
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