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Tag Archive | "affordable housing"

New draft policy on affordable housing in rural areas

Monday, March 8, 2010

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The government has drafted a new policy aiming to ensure adequate and affordable housing for all in the rural areas, Lok Sabha was informed today. “A National Rural Housing and Habitat Policy has been drafted by the ministry after wide consultation with the stakeholders including state governments, bankers etc… The draft policy is at consultation stage [...]

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Real estate cos concentrating on affordable housing: Selja

Monday, March 8, 2010

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After the prick in real estate boom, the industry is now looking at construction of affordable housing as the next alternative, Union Minister for Housing and Urban Poverty Alleviation and Tourism Kumari Selja said today. “The real estate boom saw the private players to go in for construction of high income housing facilities. Now the market realities [...]

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Centre no to subsidy for housing projects

Monday, March 8, 2010

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Uttar Pradesh government is set to lose its sleep over a missed ‘discount’. In a move which potentially threatens state government’s scheme to provide affordable housing to all, the Union ministry of housing and poverty alleviation has rejected the proposals pertaining to subsidy under the scheme. What has actually made the housing officials here jittery is [...]

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Ansal sees Rs 730 cr from two townships

Friday, March 5, 2010

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Ansal API, the New Delhi-based real estate player, is looking at garnering sales of at least Rs 730 crore from two townships in the next two fiscals, even as it ramps up its plans for the affordable housing segment, a source familiar with the development said. The developer is currently working on 19 townships focusing [...]

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Godrej properties looking at JVs with landowners

Friday, February 19, 2010

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Godrej Properties, part of the Godrej Group, is looking at joint ventures with landowners as the firm does not have any landbanks, a top official of the Group said. The focus of Godrej Properties is “affordable housing” with a price range from as low as Rs 5 lakh to Rs 20 lakh and “we see a [...]

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Realty sector seeks tax reliefs in Budget

Thursday, February 18, 2010

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With the budget just a little over a week away, the Indian realty sector has lined up its wish-list which include a tax holiday under Section 80-1B for affordable housing, promoting real estate mutual funds (REMFs) and clarity on introduction of a real estate regulator, among others. With a strong push now being given to affordable [...]

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Unitech to launch 13 new projects in 2-3 months

Thursday, February 11, 2010

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Real estate major Unitech today said it plans to launch 12-13 new projects, most of them residential, in the next few months. We will be launching 12-13 new projects, predominantly in the residential side, in next 2-3 months across the country,” Unitech Managing Director Sanjay Chandra told reporters here. The total space of these new projects would [...]

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City to get more budget homes

Sunday, February 7, 2010

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AFFORDABLE HOUSING CIDCO’s schemes, that have been popular with the middle and lower middle classes, are expected to cost Rs 6-10 lakh ( ) Purchasing a flat in Navi Mumbai for the lower middle class is difficult these days. With CIDCO flats, one can hope to get a good flat for decent price S U [...]

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Affordable housing: Boom or bust?

Thursday, January 14, 2010

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It started with a big bang. Affordable housing ventures by popular realty groups promised what the middle-class could not even dream of. Owning a flat in one of the metros, at rates which were within their reach, was a dream too good to be true. But after the initial blitzkrieg, the real picture emerging is [...]

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AFFORDABLE HOUSING IN KHARGAR

Saturday, January 9, 2010

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Real estate tycoon Armstrong has partnered with the MMRDA for two large affordable housing projects - Hexworld in Kharghar and Hexcity in Kharghar Annexe. These housing complexes were unveiled at the `Hex Pavilion’, Sanpada, between January 8 and 11, as part of the 10th BANM Property Exhibition. Armstrong has emerged as a reputed realty group in [...]

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We are focussed on building affordable housing across Northern India

Thursday, January 7, 2010

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With over forty years of experience in developing quality residential townships and commercial projects, Ansal API is a name which comes first to your mind, when you think of real estate. The group has been successfully catering o the ever growing demand for housing to the ever growing demand for housing and commercial real estate in [...]

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CM launches affordable housing policy

Tuesday, December 29, 2009

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Over 1 Lakh Houses To Be Built In Five Years In Rajasthan Jaipur: The state government has announced new Affordable Housing Policy on Monday, inviting greater deal of public-private partnership for development of over 1 lakh affordable houses over the next five years. The urban development and housing department (UDH) has already given consent to [...]

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Affordable housing around satellite towns

Friday, December 18, 2009

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Apartments and sites in the Rs 15-35 lakh price range are mushrooming around satellite towns. Sai Prasanna elaborates Satellite towns started gaining prominence with rapid residential development in the city and increased congestion. Sandeep Trivedi, Director (Development Consulting), Cushman & Wakefield, says, “The concept of a satellite town encourages the walk-to-work culture. Since there are [...]

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Allotment of low-cost housing to begin in Jan

Saturday, December 12, 2009

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MHADA’S LAST SCHEME SAW 4.34 LAKH a a APPLICATIONS FOR y 3,683 HOUSES IT WAS e r PLANNING TO BUILD The Maharashtra MUMBAI: Housing and Area Development Authority (MHADA) will begin the process of fresh allotments for affordable housing from January 1. MHADA will accept applications for 3,384 affordable houses, which [...]

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Surviving the jolt

Saturday, December 5, 2009

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The residential segment emerged as the most resilient asset class this year because of product innovations, tailored to consumer demand, by developers, says Vandana Ramnani Of all the real estate asset classes in India, the residential segment has, over the past one year, been showing some promise. True, it has been quite a roller coaster ride for [...]

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