Page 5 - Affordable Housing

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, ..

Affordable housing won't be a good investment option

Sops announced are meant to attract end-users, may not provide enough capital appreciation

Organised realty players to tap affordable housing segment: Icra

It expects the availability of tax exemption would spur many developers to enter the segment

Building on the middle-class dream

It was expected that Budget would have something for housing sector, the elections precluded those

Why cheaper housing is the elephant in the room

Govt hopes target of creating 20 mn additional houses in urban areas by 2022 will still come through

Centre confident of building 4.4 mn new houses in rural areas by Dec 2017

In total 1.33 crore houses to be built by March 2019 including uncompleted houses from old scheme

Online applications for affordable homes to be accepted from today

Beneficiaries have to visit the nearest CSC for seeking assistance for seeking benefits of PMAY(Urban) online.

Aadhar Housing Finance expects over 70% growth in Bengal

Deo Shankar Tripathi said the eastern region has witnessed a healthy rise in demand for affordable housing in the last few years

Delhi-NCR witnesses 62% rise in new home launches in Jan-Mar

Of the total launches, over 40% were seen in the affordable housing segment