By Realty Quarter Bureau ATS Group, a National Capital Region (NCR)-based developer, plans to invest close to Rs 1,500- 2,000 crore for construction mid- income and affordable homes under a new entity ‘HomeKraft’. The fund will be raised from a mix of internal accruals, debt and private equity funds. “We are in advance talks with […]
ATS Group invest Rs. 2,000crore for affordable housingmore
By Realty Quarter Bureau The Punjab Cabinet paved the way for the notification of the Affordable Colony Policy – 2018 to facilitate affordable housing for lower income groups, thereby also checking the mushroom growth of unauthorised colonies. With most unauthorised colonies found to have small sized plots that are normally purchased by economically weaker section (EWS) and […]
Affordable Housing Policy gets approval in Punjab to regularize unauthorized coloniesmore
By Realty Quarter Bureau Affordable housing is the need of the hour and looking at the present scenario Piramal Finance has targeted $2billion worth of deals that would finance the developers for constructing affordable projects. Piramal Finance, a subsidiary of Piramal Enterprises, has set up a separate vertical to invest in affordable and mid-income residential projects in major metros […]
Piramal Finance wants to invest $2billion in affordable & mid income projectsmore
By Realty Quarter Bureau The global summit happening Magnetic Maharashtra Convergence 2018 inked a Memorandum of Understanding with two leading Builder’s body MCHI-CREDAI & NAREDCO The Mumbai Metropolitan Region (MMR) may witness a huge surge of affordable housing in next some years of development of about 5.5lkah units. The state government has signed a pact […]
Magnetic Maharashtra gives MMR region 5.5lakh housing units by 2022more
By Realty Quarter Bureau The company also plans to launch about 1,350 plots next year in two projects and expects a sales realization of about Rs 600crore, its managing director Ravindra Pai said. Century Real Estate, which has a huge land bank in Bengaluru, will enter affordable housing segment and invest Rs 1,100 crore to develop 7,000 homes […]
Century Real Estate Group investing 1,100crore in affordable segmentmore
By Realty Quarter Bureau The Centre approved the detailed project report (DPR) of Pimpri Chinchwad Municipal Corporation (PCMC) for construction of houses under the Pradhan Mantri Awas Yojana (PMAY) within 19 days of its submission. The proposal for constructing 3,664 houses in the first phase under PMAY was approved by the technical committee of the […]
Pune Municipal Corporation to get 3,664 houses under PMAY yojanamore
By Realty Quarter Bureau Ministry of Housing & Urban Affairs has approved the construction of 1,12,083 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban) with an investment of Rs. 8,105 cr with central assistance of Rs. 1,681 cr. The approval was given in the 28th meeting of the […]
1, 12,083 affordable homes sanctioned for urban poor under PMAY says Central Sanctioning Committeemore
By Realty Quarter Bureau Delhi Development Authority conducted a transparent method to generate the lottery using the generation technique. People having no boundaries of happiness and are super thrilled in seeing their name in list of successful applicants for the housing scheme 2017 on Thursday. 100 plus people turned up at the office of DDA […]
DDA selects 12,617 applicants for lottery under its housing schememore
By Realty Quarter Bureau Shri Hardeep Singh Puri, Minister of State (I/C) Ministry of Housing and Urban Affairs has informed that since launch of the Pradhan Mantri Awas Yojana (PMAY) (U) on 25th June 2015, the Government has sanctioned a total of 30.76 lakhs houses across all verticals. Currently, 15.65 lakh houses have been grounded and […]
Centre is accelerating implementation of Urban Housing Mission: Hardeep Singh Purimore
By Realty Quarter Bureau Mumbai City is likely to get its first 5,000 new affordable homes coming up in Goregaon built by Maharashtra Housing & Development Authority (MHADA) by 2020. MHADA will soon invite tenders to build these affordable homes on an 18- acre plot in Goregaon (West). The housing authority had won the rights to […]
MHADA to build 5,000 affordable homes in Goregaon by 2020more