Page 7 - Affordable Housing

Budget to encourage more launches in affordable housing segment

Budget has proposed an additional deduction of Rs 1.5 lakh for interest paid on loans borrowed up to end-March, 2020 for purchase of an affordable house, valued up to 45 lakh

Budget 2019: Sitharaman's sops to push affordable housing, housing sales

Experts added that the interest exemption upto Rs 3.5 lakh for affordable housing would help boost residential sales

Govt to build 19 mn houses with LPG, electricity & toilets: Budget 2019

The minister further said that by 2022, every single rural family except those who are unwilling to take the connection will have an electricity and a clean cooking facility.

Will leave no stone unturned to fulfil 'housing for all' dream: PM Modi

Modi had launched the Pradhan Mantri Awas Yojana (PMAY) to provide affordable housing to the urban poor

These 3 cities offer 10 useful affordable housing lessons to the world

Affordable home ownership bears no resemblance to the current market in which the median unit price is well over $700,000

Why Modi govt's plan to build 10 million houses by 2022 is a tall order

The real estate sector has been in the doldrums due to a sluggish demand for premium properties

Sub-prime borrowers fuel affordable housing boom for lenders, HFCs

While the total disbursement of housing loans by PSBs as well as HFCs witnessed a deceleration in 2016-17, there was significant growth for the lower slabs

A checklist to ensure investing in affordable housing becomes rewarding

Keep return expectation limited to 10-11 per cent and ensure that the house you invest in can be rented easily

A year on, infrastructure status eludes affordable housing

Another Mumbai-based developer said policy decisions take time to get implemented in the country

No shortage of land or funds for affordable housing projects: Hardeep Puri

Union minister Hardeep Singh Puri said India will have 700 km of metro network soon

Piramal, HDFC, IIFL bet big on affordable homes, plan to invest Rs 256 bn

Piramal Finance, on Wednesday, said it would invest $2 billion (Rs 128 billion) in the next three years

Housing for all: Modi govt clears construction of 186,777 affordable houses

The total investment outlay for this project is Rs 111.69 billion with central assistance of Rs 27.97 billion

Six affordable housing plays: Astral Poly, Symphony, Kajaria, and more

Stocks such as Kajaria Ceramics, Astral Poly, and Symphony cater to the masses

Demonetisation, GST effects: Default surge in affordable housing temporary

LTV ratios are regulated in India by National Housing Board, which means that no loan can cover less than 50% or more than 90% of asset value

Can Modi's home-for-all pledge create India's own subprime problem?

Indian banks have been channeling increasing amounts of credit to affordable housing after Modi promised to provide a home for every Indian family by 2022

The 5 big problems with affordable housing in India and how to solve them

India needs 5 million affordable homes every year. And, the supply is not even 500,000 homes a year

Shapoorji Pallonji buys 20 acres in Delhi for affordable housing project

While the deal size is unknown, land brokers estimated the value of the purchase to be over Rs 150 cr

Signs of boom in affordable housing

Surge in number of entities to establish HFCs, targeting customers to avail of interest subvention

Affordable housing is not just about the purchase price

Frame housing affordability in terms of whole-of-ownership-life costs

Making PMAY a success: PMO, realty developers meet on affordable housing

---Kindly note editing chages in box----Eager to make the Pradhan Mantri Awas Yojana (PMAY) a success, the Prime Minister's Office (PMO) held a meeting on Sunday with leading developers, the sectoral body and bankers on what was needed for mega-size projects in affordable housing.Around 30 members from the real estate sector were there, said sources. There were representatives from major developers such as Tata Housing and DLF, beside those from sectoral associations Credai and Naredco."The hour-long meeting was all about affordable housing. The PMO said it was ready to work with the industry to make PMAY a success," said a source who was at the meeting.The realty representatives said they wanted a 'single window clearance scheme' for all affordable housing projects. "We need this as it takes a lot of time to get a project started. In affordable housing, margins are tight and a delay mounts costs. Also, we want the government to come up with a public-private partnership (PPP) model, ..