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Central government today announced that the benefit of interest subsidy of about Rs 2.60 lakh on home loans under Pradhan Mantri Awas Yojana (Urban) will now be available for beneficiaries belonging to middle income groups (MIG) for fifteen more months…

According to developers, fence sitters have decided to take the plunge because they see no immediate correction in prices. While the real estate sector is witnessing a significant uptake, experts believe that a number of factors have contributed to it…

As many as 62 per cent of the new launches during January-June 2017 period were in the affordable housing segment, a recent survey revealed. According to a report by Anarock Property Consultants, the affordable price segment dominated the residential units supply in…

The concept of affordable housing has come as a blessing in disguise which will not only help revive the real estate sector in India, but will also take it to another level.   By Pradeep Aggarwal The moment GST got…

In addition to this, the government is looking to bring in the most advanced construction technologies across the world so that construction of these affordable houses is completed with speed. The government is considering a plan to acquire surplus land…

Noting that high cost of land is a key constraint in rapid expansion of affordable housing, the Niti Aayog has pitched for steps to bring down land prices to give a push to the Centre’s housing scheme. The government think tank made…

The government has reduced GST rate on work contracts for affordable housing to 12% from 18% fixed earlier. But it is unlikely to have any impact on prices of affordable housing for buyers, industry experts said as GST rate for…

Dwarka Eway will give quick and seamless connectivity between Dwarka and Gurgaon. Hurdles that held up construction on a stretch of this crucial expressway were cleared recently offering properties in the range of Rs 4,000-5,500 per sq ft; 6 Near…

Irrespective of the market conditions, buying one’s own home is always fruitful in the long run, experts say Over the past one year, we have seen significant rationalization of prices in many cities and many more properties have now become…

Around 90% of the total homes launches in Gurugram during the January to June period this year were in the affordable housing category, according to a report by property consultancy Colliers International. Majority of the homes launched in the first…