Page 2 - Affordable Housing

Affordable housing segment offers Rs 45-trn investment opportunity: Report

The investment in the affordable housing has been 17 per cent of the total PE investment in the residential segment in India in the past 10 years (since 2011).

Affordable housing loan defaults surge to 7.2%, says rating agency Icra

The ultimate losses to lenders could be limited, given the secured nature of loans

ADB approves $150 mn loan to improve urban housing in Tamil Nadu

The Asian Development Bank (ADB) has approved a 150 million dollar (about Rs 1,095 crore) loan to provide access to inclusive, resilient and sustainable housing for the urban poor in Tamil Nadu.

'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

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

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

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

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.

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.

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

Shriram Housing Finance to raise Rs 400 crore equity capital in H1FY22

The capital will predominantly come from within Shriram group

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

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

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

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

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

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

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

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