Though the government’s radical measure of demonetisation has disrupted the economy and has hit the real estate sector — already reeling under prolonged slowdown — it will turn out to be a blessing in disguise in the medium-to-long term. As…
The government said on Tuesday that a universal affordable housing scheme will give a big boost to the construction industry as 1.2 crore dwellings will be built in three years under PMAY’s urban component and another 1.02 crore units under…
India needs close to 7 million houses every year; and almost 75% of this demand is from the affordable homes segment. And now the country’s leading mortgage lender HDFC has launched its $1-billion offshore fund to finance such projects, giving more…