Tag Archive | "affordable homes"
Time for super luxury flats
A new class of high-end apartments is redefining the word ‘luxury’ with builders now talking about beauty parlours and bowling alleys, private cinema halls and personal swimming pools in ’smart homes’. Vivek Shukla takes you on a tour At a time when talking and taking up the cause of affordable homes has become a trend, luxury housing [...]
Continue reading...Affordable homes in Punjab and Haryana
Saturday, May 29, 2010
affordability’ scenario in some of the Tier-III cities of Punjab and Haryana With the realty sector showing signs of recovery the property prices in the tier -III cities of Punjab and Haryana are once again heading north. And, experts feel, the time is right for the end-user to assess the market scenario, especially the affordable housing [...]
Continue reading...Noida sees flurry of activity for mid-priced homes
Friday, May 7, 2010
If you visit Sector 76 (an upcoming area) in Noida on a weekend, you will recall a scene from the Boman Irani-starrer, Khosla Ka Ghosla — real estate brokers in small makeshift offices camping on the road, with fenced plots filling the backdrop. A drive down on the Noida-Greater Noida Expressway offers a similar view. Noida-Greater [...]
Continue reading...Tata to offer low-cost housing in three more cities this year
Friday, April 30, 2010
Tata Housing today said it planned to extend its low-cost ‘Shubha Griha’ housing project to another three or four cities this financial year. Last year, it had launched the project, which offers a single room and kitchen set for Rs 3.9 lakh each, at Bohisar, 10 km from Mumbai. However, the cost for the coming round [...]
Continue reading...Janaadhar launches low-cost homes project near Bangalore
Friday, April 9, 2010
State governments have drawn up several schemes for low-income housing, but private initiatives have been limited Ramesh Ramanathan, who runs the non-profit organisation Janaagraha, on Thursday launched his maiden low-cost housing venture in the industrial town of Attibele, about 35km from Bangalore. His firm Janaadhar Constructions Pvt. Ltd will build more than 500 homes priced at less [...]
Continue reading...Affordable homes remain a distant dream
Wednesday, March 10, 2010
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, [...]
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Saturday, July 24, 2010
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