The Confederation of Real Estate Developers Association of India (Credai) on Thursday has welcomed the state government decision on reservation of 20% flats for economically weaker sections, in schemes
The Noida Authority has planned to allot 866 flats in the middle-income group, high-income group, low-income group and economically weaker sections categories this Diwali. A senior Authority official said
The State Cabinet has approved a policy on affordable housing policy with the intention is to provide affordable housing to people from economically weaker sections (EWS) of society and
The Revised Urban Housing Scheme 2013, has replaced the Scheme for Affordable Urban Housing in Odisha 2012, introduced a housing model called voluntary social housing scheme.
Minister of housing and urban poverty alleviation Kumari Selja said that urban housing shortage in India has plunged from 24.7 million at the beginning of the 11th five year plan in 2007 to 18.78 million for the next five year plan from 2012 to 2017.
The Real Estate Regulation and Development Bill, 2012, has been sent to the Ministry of Law and Justice for vetting, after which it will be moved to the Cabinet.
The Haryana government on Saturday announced a new policy for construction of houses for Below Poverty Line (BPL) families.
After complaining against the delay in issuing khata and plan sanctions by the Bruhat Bangalore Mahanagara Palike (BBMP), the builders, under CREDAI (Confederation of Real Estate Developers’ Association- Karnataka), offered to work with the civic agency towards a slum-free city.
The Master Plan 2021 for Greater Noida has been increased to 20-25% housing for economically weaker sections (EWS) and low income group (LIG) categories from the mere 5%.
Jones Lang Lasalle, a leading real estate consultancy firm has pointed out in a report that India fails to meet 26.5 million affordable housing units.
The statutory committee of the National Capital Region Planning Board (NCRPB) has cleared the Draft Master Plan for ‘Greater Noida-2021’ and recommended it for consideration of the NCR Planning Board.
The Union Housing Ministry is likely to set up a high-level committee to recommend policy interventions to facilitate creation of rental housing stocks to cater to those who cannot afford to buy houses.
The real estate sector is waiting for the government to announce a revision in the mandatory quota for low income groups and the poor pegged at 20% for big plots.
The thought of owning a house is very empowering in itself. But is this dream possible for everyone in this expensive era? Surely, people in the higher income group can afford to live this dream. However, for those, falling in the income-group of Rs 7,000-Rs 15,000 per month, this dream was impossible. The advent of micro financing in the construction business and developers focusing on ...
The government has decided to raise both the subsidy given to developers, as well as the cost ceiling for affordable housing, to encourage affordable housing for economically weaker section (EWS).