By Anuj Puri, Chairman – ANAROCK Property Consultants In any discussion about affordable housing in India today, the fact that a lot of such housing is actually lying vacant is bound to crop up. One may point out that, especially with the Government’s avowed intention of providing Housing for All by 2022, this supply should logically […]
Vacant Affordable Housing – Causes (and Solutions?)more
By Anuj Puri, Chairman – ANAROCK Property Consultants Affordable Housing Keeps the Momentum Going Unsold inventory down 2% from 7.11 lakh units in Q1 2018 to 7.0 lakh units in Q2 2018 Unsold inventory declined 10% from 7.7 lakh units in Q4 2017 There has been a whopping 50% jump in overall new housing launches in Q2 2018 […]
New Housing Launches up by 50% in Q2 2018more
By Realty Quarter Bureau The empowered committee, set up by the Housing and Urban Affairs Ministry, will reach out to home buyers to resolve their problems ‘at the earliest’, Union minister Hardeep Singh Puri said, on July 1, 2018. The union minister of state (independent charge) for housing and urban affairs said that on June […]
Empowered Committee to set up soon for resolving home buyers issues: Housing Ministermore
By Realty Quarter Bureau The Prime Minister Awas Yojana (PMAY) Scheme To Hand-Over 1 Crore Homes By December 2018: Says The Union Minister Of State For Urban Affairs Minister, Shri Hardeep Singh Puri ; Ministry Sanctions About 3-5 Lakh Homes Every Month The Minister of State (Independent Charge), Ministry of Housing and Urban Affairs, […]
3.5lakh homes are been sanctioned every month states housing ministermore
By Realty Quarter Bureau National Investment and Infrastructure Fund (NIIF), the government-sponsored domestic funding agency, is in talks with HDFC Capital to invest in a fund that will promote affordable housing. NIIF on Sunday had announced an infusion of $200 million, in two tranches, from Asian Infrastructure Investment Bank (AIIB) into a fund of funds (FoF) that […]
NIIF plans to invest $200 million in HDFC Capital promoting affordable housingmore
By Realty Quarter Bureau The West Bengal government has announced a housing project, ‘Nijoshree’, under which two categories of flats would be provided to people, whose monthly earnings are not above Rs 30,000. The two categories of residential flats would have one and two bedrooms, the state’s urban development minister, Firhad Hakim said. The decision […]
Kolkata govt. announces housing project for salaried people less than 30K and less: UD Minister Firhad Hakimmore
By Realty Quarter Bureau The government’s move to hike the carpet area of homes eligible for interest subsidy under the Pradhan Mantri Awas Yojana for the middle-income group, will give a much needed push to home sales, especially in tier-II and III cities, say experts The Ministry of Housing and Urban Affairs, on June 12, […]
Carpet area hike to push home sales in smaller cities says Housing Ministrymore
By Realty Quarter Bureau The Jaipur Development Authority has approved four new housing schemes on Friday in a project work committee meeting. It is expected that for the new schemes, applications could soon be asked by JDA and besides that plans for renovation of roads, sewerage lines, and electrification were approved. Under the housing scheme a total of 1250 […]
Jaipur Development body has approved 4 new housing schemesmore
By Realty Quarter Bureau Mumbai Board of Maharashtra Housing & Area Development Authority (MHADA) has announced it’s this year lottery in last week of June. Chief Officer of Mhada, Deependra Singh said, the process of lottery will begin shortly after the advertisements are out ending the citizens to get affordable homes. This year it has […]
MHADA lottery to begin by June last weekmore
By Realty Quarter Bureau The minister of housing and urban affairs, Hardeep Singh Puri, on June 7, 2018, warned home buyers that ‘fly-by-night operators’ were using the name of the Pradhan Mantri Awas Yojana-Urban (PMAY-U) programme to lure customers, when they had ‘nothing to do’ with the scheme. “A lot of activities by builders and […]
Be cautious against fraudulent activities in PMAY’s name: Housing Ministermore