Category: Affordable Homes

Investors explicate keen interest in last-mile funding for the stuck housing projects.

January 24, 2020

A sharp contrast to previous years, more investors are eager in last-mile funding for stuck housing projects that seems to be a rub-off impact on equally strained residential projects from the government allocating Rs 25,000 crore. In the light of evolving regulatory and market circumstances, the burden on developers to deliver the projects at earliest […]

Investors explicate keen interest in last-mile funding for the stuck housing projects.more

Piramal Realty to focus on the mid-market segment – plans to invest Rs. 3,500 crore in Mumbai.

January 23, 2020

Piramal Realty, the Piramal Group’s real estate development arm, plans to invest over Rs 3,500 crore in the Mumbai Metropolitan Region (MMR) residential project over the next 3 years with a strong focus on mid-market segment, said a top company official. Goldman Sachs and Warburg Pincus are investors of this enterprise which is entering the […]

Piramal Realty to focus on the mid-market segment – plans to invest Rs. 3,500 crore in Mumbai.more

Five principles to follow while buying a new house.

January 21, 2020

When it comes to buying a home, finance is one of the most important determinants and most of the other concerns revolve around it. Because purchases of property are often a once in life decision, your funds need to be properly assessed. One must now use its savings and also choose a home loan to […]

Five principles to follow while buying a new house.more

Nanma Properties, part of the Eastern Group is going to enter into Affordable Housing Market.

January 11, 2020

Nanma Properties, part of the Eastern Group has established preparations for entrance into the affordable housing market. The decision of the Group reflects the declaration by the Central Government of the subsidies for the affordable housing sector. Navas Meeran, Chairman of the Eastern Group, said Nanma Properties Ltd will invest Rs 2,500 crore in an […]

Nanma Properties, part of the Eastern Group is going to enter into Affordable Housing Market.more

Real Estate bodies seek to develop more properties under the affordable housing scheme.

January 7, 2020

With finance minister Nirmala Sitharaman on February presenting the Union Budget 2020-21, real estate chambers pursued to dilute the definition of affordable housing in order to enable more properties to fall within its scope and take advantage of the opportunities. The concept of affordable housing currently means a house or flat in non-metropolitan cities and […]

Real Estate bodies seek to develop more properties under the affordable housing scheme.more

Realty firm Supertech applies for last-mile funding of Rs 1,500 cr.

January 6, 2020

Supertech, a real estate company, said on January 5th, that they sought Rs 1,500 crore from the newly established government Stress Fund to complete their 12 ongoing housing projects in Noida and Greater Noida in Uttar Pradesh. The firm said the 12 projects consisting of 20,000 flats are in an advanced stage and that last […]

Realty firm Supertech applies for last-mile funding of Rs 1,500 cr.more

JM financial home loans partnered for co-lending with Bank of Baroda, expects to enter premium home loans.

January 3, 2020

The affordable housing based lending arm of JM Financial Group (JM Financial Home Loans) proposes a five-fold increase in the next fiscal year’s loan book with a co-lending tie-up with the Bank of Baroda. Two years back, as part of diversifying of its developer financing business (JM Financial Credit Solutions, the joint venture with ex-Citi […]

JM financial home loans partnered for co-lending with Bank of Baroda, expects to enter premium home loans.more

Consumers and Lawyers declare their unhappiness for the complaints under MahaRERA.

December 30, 2019

When it comes to registering real estate projects and also concerning grievances, Maharashtra can have the best place between states. Nonetheless, that is where the distinction stops. The state has no information to simplify the purchasing decision for the consumers. The action-taken-report remains missing; moreover, most of the consumers and lawyers are unhappy about the […]

Consumers and Lawyers declare their unhappiness for the complaints under MahaRERA.more

Housing Sales in Mumbai reached the highest level in the past 4 years.

December 27, 2019

Home sales in India’s financial capital, Mumbai, rose to the highest level in four years, as developers focused on building cheaper homes, according to Anarock Property Consultants. Sales in Mumbai grew by 22% in 2019 amid the continued credit crunch and economic slowdown decreased recovery in housing sales in India’s top 7 cities. The Macrotech […]

Housing Sales in Mumbai reached the highest level in the past 4 years.more

State Government to soon unite housing bodies to speed up affordable housing projects.

December 26, 2019

The Maharashtra Government plans to bring the various agencies responsible for affordable housing schemes under a single umbrella. Sources indicate that the Government is considering bringing the Slum Rehabilitation Authority (SRA), Maharashtra Housing and Area Development Authority (MHADA) and others to urban development services in order to streamline and speed up affordable housing projects. While […]

State Government to soon unite housing bodies to speed up affordable housing projects.more

Category: Affordable Homes

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