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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…

The state government has started the ground work to build a medical college in Gurgaon around two months after laying foundation for a university in the city. A 40-acre site has been earmarked, and the authorities claim that in the next couple…

The Modi government has proposed a public-private partnership policy for affordable housing, where it will provide land under its possession for housing development and, upon delivery, will incentivize the developer with extra developable area for exploitation One of the main…

The maximum demand for housing in India has always been and continues to be in the affordable segment where property prices range from Rs 15 lakh to Rs 50-60 lakh, while a huge number of ready-to-move projects in cities like…

The Haryana government is yet to finalise rules to enforce the Real Estate Regulatory Authority (Rera) Act in the state but projects have already started enrolling under the new legislation. Among the major ones to be registered are a project…

The Haryana BJP government on Thursday renamed the Haryana Urban Development Authority (HUDA) to Haryana Shehri Vikas Pradhikaran (HSVP) because the acronym HUDA sounded similar to the last name of former chief minister of the state Bhupinder Singh Hooda. The…

Most banks have cut home loan interest rates by around 30 basis points, with a concomitant increase in the tenure of the repayment period to 30 years, which has made buying a house easier for the mid-income group Buying houses,…

Haryana Pushing To Shift Away Kherki Daula Toll Plaza The Haryana government is making a strong push to shift the expressway’s toll plaza at Kherki Daula to the outskirts of Gurgaon. If this happens, it will make the entire stretch…

Middle income groups (MIG) with annual incomes of above Rs. 6 lakh and up to Rs. 18 lakh per year are eligible for interest subsidy on buying their first home under Pradhan Mantri Awas Yojana (Urban). The government has come…

Clearing the way for completion of the long-delayed Dwarka Expressway, the Punjab and Haryana High Court on Tuesday disposed off a petition against allotment of plots to the oustees who do not have proper property documents. The Haryana Urban Development…