Housing for all by 2022 faces 'slum challenge'
Under the in-situ development sub-scheme of PM Awas Yojna (PMAY-Urban), slum dwellers will get houses at the same location to ensure their livelihood is not disturbed.
2.95 crore houses to be built under PMAY(G) by 2022: Narendra Singh Tomar
The central government was committed to uplift the poor through all...
Magma Fincorp reports net profit of Rs 45 crore, a slight fall from last year
The company's net interest margin which is a mark of the profi...
Government reiterates RERA to be implemented on May 1, urges states to expedite process
Only four states of Gujarat, Madhya Pradesh, Maharashtra, Uttar Pradesh and six Union Territories have notified the final rules so far.
2 lakh affordable houses to be launched in Ahmedabad
The maximum size of these housing units will be 643 sq ft carpet area which is equivalent to around 900 sq feet built up area.
EMIs for house in an urban area to shrink if bought under PM Awas Yojna
The government is offering an interest subsidy of 3-4% on borrowings of Rs 9 lakh to Rs 12 lakh even if the overall loan is higher.
India's 1st mortgage guarantee firm launches cover for Pradhan Mantri Awas Yojana
The product will allow home buyers under the project to extend the loan term up to 30 years and also allows seven years term extension beyond retirement age.
Re-financing of loans to boost affordable housing: JLL India
Extension of tenure of loans under CLSS was increased to 20 years, and the Budget also increased allocation to PMAY from Rs 15,000 cr to Rs 23,000 cr in the rural areas.
Budget proposals, cheap loans to make affordable housing a reality
Budget 2017 offered infrastructure status to the business, supplementing earlier state proposals to provide interest subvention.
Budget 2017 should bring more transparency to real estate sector
GST will have a positive impact on the sector. It will create a level-playing field, bring in transparency as under it builders cannot avoid payment of tax.
Chhattisgarh: Over 26k houses to be built under first PMAY approval
Chhattisgarh govt would develop 26,908 houses with an expenditure of about Rs 1,900 crore while the Centre would allocate an aid of Rs 190 crore for the purpose.
NABARD to raise Rs 50,000 crore this fiscal
The bank which also has a mandate to facilitate rural development will also lend for rural housing projects under 'PM Awas Yojana'.
Why 2017 is the best year to buy affordable houses
With the inclusion of LIG and MIG in the affordable housing, government is matching aspirations to resources to create an ecosystem fuelled by incentives.
82,048 houses built under PM Awas Yojana: Government
During the Question Hour in the Rajya Sabha, several opposition members raised concerns that at the present pace the dream of 'Housing for All' may not be achieved by 2022.
'Enhanced budget allocation to infra will boost order inflow'
Central government has retained its focus on infrastructure development by increasing allocation towards the sector with focus on key segments like roads, railways.
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