Category: Affordable Homes

Stressed property assets provide institutional investors with investment opportunities.

November 27, 2019

Institutional investors have set a solid beginning by investing over $1 billion in stressed property opportunities. The strategy is expected to progress with the more establishment of the law of Insolvency and Bankruptcy Code (IBC), which came into force in 2016. Companies with large liabilities have liquidated their real estate assets, which leads to new […]

Stressed property assets provide institutional investors with investment opportunities.more

ICRA report: Debt exposure of top realty firms reduces by 25% in the last three years.

A report from ICRA demonstrates that the total exposure of debt to the real estate sector has grown by 38% since the financial year 2017. But on the other hand, the debt levels for primary realty players on the list have fallen by 25% in the same period. The report showed that major listed real […]

ICRA report: Debt exposure of top realty firms reduces by 25% in the last three years.more

PMAY-Urban: Individual can check their housing subsidy application online through the CLSS Awas portal.

November 26, 2019

CLSS Awas portal was launched on 25 November by Union Minister Hardeep Singh Puri, through which people will be able to track their applications for housing subsidies under the Pradhan Mantri Awas Yojna (PMAY)-Urban. The Ministry of Housing and Urban Affairs said at the launch of the Credit Link Subsidy Scheme (CLSS) Awas Yojana that […]

PMAY-Urban: Individual can check their housing subsidy application online through the CLSS Awas portal.more

Analyst poll – Real estate sector is expected to bounce back modestly through the government measures.

November 22, 2019

According to an analyst poll by Reuters, The housing market in India, burdened by unfinished projects, as developers struggle to access money, is expected to recover modestly in the coming year on government efforts to unblock the market. The government has approved the 100 billion rupees ($1.4 billion) fund earlier this month to help clear […]

Analyst poll – Real estate sector is expected to bounce back modestly through the government measures.more

The need for a playground in the upcoming residential projects.

November 15, 2019

People are social beings that strive for relationships and a sense of belonging. The extent to which we succeed in building long-term relations in adulthood is largely determined by the level of social development we have had as children. Today, parents are more aware and involved in their children’s overall development. Importance of an open […]

The need for a playground in the upcoming residential projects.more

Oshiwara District Centre will be the next business hub in the line of BKC.

November 12, 2019

As a next central business area on the route of Bandra Kurla Complex (BKC), MMRDA is quickly developing the Oshiwara District Center (ODC). ODC aims to offer high quality residential, commercial and retail spaces, situated strategically between Goregaon and Andheri-Lokhandwala, with the new technological facilities, spread over 160 acres. ODC is intended to develop as […]

Oshiwara District Centre will be the next business hub in the line of BKC.more

Delhi-NCR projects may get delayed by three months due to the construction ban.

November 11, 2019

Based on the ban on construction activities in the city to tackle air pollution, builders have stated that home buyers waiting to take possession of their dream house in Delhi-NCR will need to wait for three more months. The Environment Pollution (Prevention and Control) Authority, (EPCA) had enforced construction ban on last Tuesday, until Monday, […]

Delhi-NCR projects may get delayed by three months due to the construction ban.more

India Ratings suggest the imbalance of Demand-Supply may worsen with the Government’s Rs 25,000 crores fund.

November 9, 2019

India Ratings and Research said in their reports that the home buyers will be benefited that are awaiting possession of their homes, by the India government’s decision to set up a Rs 25,000 crores fund to provide a priority for debt financing to complete stalled housing projects. The Fund would provide an alternative outlet to net-worth-positive […]

India Ratings suggest the imbalance of Demand-Supply may worsen with the Government’s Rs 25,000 crores fund.more

Jaypee Infratech, Amrapali & Unitech may not be eligible for the FM’s Rs 25,000 crore stress fund.

Over 75,000 homebuyers of Amrapali, Jaypee Infratech and Unitech will not be eligible for support from Rs 25,000 crore stress funds in the National Capital Region, because of numerous conditions applied by the government under the scheme, said homebuyers and industry players. “Maybe these three players are not qualified, but the property sector is beyond […]

Jaypee Infratech, Amrapali & Unitech may not be eligible for the FM’s Rs 25,000 crore stress fund.more

The cabinet opens Rs 25,000 crore window for projects that are on hold.

November 7, 2019

In order to reactivate the main industry, also to boost the economy and to provide aid to home buyers, the cabinet approved Rs 25,000-crore special windows to finance housing projects that are stalled. The money will be available for projects that are “net worth positive,” FM Nirmala Sitharaman said. There will be potential distribution to […]

The cabinet opens Rs 25,000 crore window for projects that are on hold.more