HUDA Affordable Housing News
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…
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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…
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Realty firm Supertech plans to invest about Rs 4,000 crore to develop low-cost homes as it expects demand for affordable housing to rise after getting infrastructure status in the budget. Supertech has engaged consultants to raise about Rs 1,000 crore…
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Bet On Spurt In NCR Demand Following Sops In Budget It’s boom time for affor dable housing. In the Del hi-NCR region alone, over one lakh apartments are likely to be built in this segment in the next couple of…
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The next 3 to 6 months will be the best time for people to buy their dream homes, as the coming 3 to 4 years will see an unprecedented boom in the housing market which will see prices going up,…
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Affordable houses may soon be exempt from stamp duty, which va ries between 4% and 8% of the transaction value. Union minister for ur ban development and housing M Venkaiah Naidu said that his ministry has written to state governments…
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Once land in the far-flung areas of towns and cities, where the cost is not high at present, is connected to the main city centres and then used for the development of affordable houses, the supply chain can materialize in…
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Retirement fund body EPFO will launch a housing scheme next month for its over four crore members to enable them to make down payment and pay EMIs from their EPF accounts to buy homes. “The Employees’ Provident Fund Organisation (EPFO)…
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After focusing on premium housing for several years, Tata Housing Development Co. Ltd plans to resume building homes costing Rs15-20 lakh, after incentives in the Union budget made low-cost housing more attractive for builders. The Mumbai-based firm builds affordable homes…
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In a welcome decision, the Budget reduced the income tax rate from 10% to 5% for the slab of Rs 2.50 lakh to Rs 5 lakh You can use the money saved by the lower income tax rate to prepay…
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