A little over a year after the government expanded the ambit of its Pradhan Mantri Awas Yojana (PMAY) to include the middle class (with annual income between Rs 6 lakh and Rs 18 lakh), the response has been lukewarm. According…
The government will build a new expressway connecting Gurugram with Mumbai passing through the country’s two most backward districts —Mewat in Haryana and Dahod in Gujarat —in the next three years, highways minister Nitin Gadkari said on Monday. The project…
The newly-constituted H-Rera has informed it has heard 60 complaints by homebuyers on April 10 and April 12 during the past week. The authority has given 1-2 weeks as time for respondents to file their replies. It has also declared…
The tender has been opened and is expected to be awarded to a company this month; a deadline of 25 months has been fixed for the construction of the 5km elevated corridor. Construction of the 5km elevated corridor on the…
The supply of affordable housing in Gurgaon, one of India’s largest real estate markets, is expected to see a significant boost, after the department of town and country planning (DTCP) invited fresh applications for licences to build over 3 lakh…
A cluster of developing areas along Dwarka Expressway in Gurgaon – Sectors 88A, 99, and 99A in the main – have become attractive proposition for buyers after some of the large development firms entered the market here. Located along the…
The government may use Budget 2018 to make owning a house slightly more affordable and even rekindle the interest of home buyers. These measures could be in the form of tax sops for home owners and those looking to buy…
The “Housing for All by 2022” mission has set the stage for a robust recovery in the residential property market. In the past two years, we have seen an unprecedented focus on reforms channelised through the Benami Transactions (Prohibition) Amendment…
Granting of industry status has been a long pending demand from the real estate sector and the last Budget saw affordable housing being given this status. For India’s real estate, 2018 comes with lots of hope – the regulatory changes…