Page 5 - Affordable Housing
'Chawl' revamp to slash Central Mumbai realty prices by up to 25%
Experts say over the next decade, 12-million sq. ft development will transform the micro markets of Worli and Lower Parel into a mid-market affordable housing settlement
 "'Chawl' revamp to slash Central Mumbai realty prices by up to 25%")
Mortgage firm Easy raises $15 mn in series A, focus on affordable housing
The round was led by private equity firm Xponentia Capital Partners, founded by former Carlyle Group managing director Devinjit Singh
 "Mortgage firm Easy raises $15 mn in series A, focus on affordable housing")
Covid crimps budget housing market as consumers cut down on expenses
Data shows the share of affordable homes in the overall new launches in the top seven metros fell sharply since the Covid-19 pandemic upended lives in India
 "Covid crimps budget housing market as consumers cut down on expenses")
Sales of sub-Rs 50 lakh homes hit in 2021 as Covid bites: Knight Frank
During the early part of this year, sales volumes were greatly influenced by two markets - Mumbai and Pune that together constituted over 45 per cent of the total sales amongst key markets
 "Sales of sub-Rs 50 lakh homes hit in 2021 as Covid bites: Knight Frank")
DDA Housing Scheme 2021 draw today: Check time, streaming link details
The general public can watch the live telecast of the draw of DDA Housing Scheme 2021 draw and allotment online today starting at 11:00 AM.
 "DDA Housing Scheme 2021 draw today: Check time, streaming link details")
Analysts bullish on cement stocks on sustained demand, price hikes
Analysts note that cement manufacturers may have to hike prices further to ensure sustainability of margins amid rising cost pressures.
 "Analysts bullish on cement stocks on sustained demand, price hikes")
Affordable housing finance companies may grow at 12-15% in FY22: Report
The long-term growth outlook for affordable housing finance companies remains positive, says a report
 "Affordable housing finance companies may grow at 12-15% in FY22: Report")
Shriram Housing Finance to raise Rs 400 crore equity capital in H1FY22
The capital will predominantly come from within Shriram group
 "Shriram Housing Finance to raise Rs 400 crore equity capital in H1FY22")
UltraTech, ACC: Infra push in Budget 2021 to fuel rally in cement stocks
Frontline cement stocks have shown tremendous strength in the stock price from a medium term view that may touch higher levels in coming months
 "UltraTech, ACC: Infra push in Budget 2021 to fuel rally in cement stocks")
Demand for affordable housing to rise on extension of tax sops: Realtors
The government has extended additional tax deduction of Rs 1.5 lakh on home loan interest till March 2022
 "Demand for affordable housing to rise on extension of tax sops: Realtors")
Sundaram Home Finance Q3 net up 36% to Rs 56 cr, disbursements fall
Company optimistic about growth going forward, sees demand push from stamp duty reduction by states, softer prices by builders
 "Sundaram Home Finance Q3 net up 36% to Rs 56 cr, disbursements fall")
NGO to build 2,000 houses martyred soldiers' families in Maharashtra
Housing-focused charity Habitat for Humanity India will build around 2,000 houses for the families of the martyred soldiers this year in Maharashtra, the non-profit has said.
Top headlines: Govt plans spending boost, international flight ban extended
Business Standard brings you top news of the evening
 "Top headlines: Govt plans spending boost, international flight ban extended")
Ahmedabad, Pune, Chennai most affordable housing markets of 2020: Report
The latest affordability index of Knight Frank India cited Ahmedabad as the most affordable housing market in the country with an affordability ratio of 24% followed by Pune and Chennai
 "Ahmedabad, Pune, Chennai most affordable housing markets of 2020: Report")
Early Diwali for homebuyers: RBI move to reduce rates, boost realty demand
The decision to rationalise risk weights woule particularly benefit borrowers of higher value loans
 "Early Diwali for homebuyers: RBI move to reduce rates, boost realty demand")
Bengaluru to Delhi: Demand for premium homes drives residential sales in Q2
In Mumbai, reduced stamp duty and low interest rates get customers interested in property
 "Bengaluru to Delhi: Demand for premium homes drives residential sales in Q2")
HDFC clears Rs 47,000 cr loans to 200,000 home buyers under subsidy scheme
These homebuyers belong to the Economically Weaker Section, Low Income Group and Middle Income Groups, HDFC said in a statement
 "HDFC clears Rs 47,000 cr loans to 200,000 home buyers under subsidy scheme")
81 stalled housing projects approved for funding under special window
They will collectively be able to complete 60,000 houses with Rs 8,767 cr investment
Affordable housing demand may get back to normal by Jan: Aadhar Housing CEO
The housing finance company posted a net profit of Rs 189.38 crore in FY20, up 16.6 per cent from Rs 162.37 crore in the previous fiscal year
Godrej Properties, DLF, Sobha: Trading strategies for realty counters
Realty stocks are trading mixed at the bourses on Thursday. While Unitech, HDIL, NBCC and DLF lost ground, Indiabulls Real Esate, Brigade Enterprises, Ansal Properties and Oberoi Realty gained ground
 "Godrej Properties, DLF, Sobha: Trading strategies for realty counters")
