Sops announced are meant to attract end-users, may not provide enough capital appreciation
It expects the availability of tax exemption would spur many developers to enter the segment
It was expected that Budget would have something for housing sector, the elections precluded those
Govt hopes target of creating 20 mn additional houses in urban areas by 2022 will still come through
In total 1.33 crore houses to be built by March 2019 including uncompleted houses from old scheme
Beneficiaries have to visit the nearest CSC for seeking assistance for seeking benefits of PMAY(Urban) online.
Deo Shankar Tripathi said the eastern region has witnessed a healthy rise in demand for affordable housing in the last few years
Of the total launches, over 40% were seen in the affordable housing segment