Affordable Homes News
Housing supply stood at 89,970 units in January-September 2016 in the eight cities -- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad.
However, the consultant has predicted that office leasing will remain stable at 32 million sq ft in 2017 on strong demand for commercial space during the fourth quarter.
Beneficiaries have to visit the nearest CSC for seeking assistance for seeking benefits of PMAY(Urban) online.
The first project will be launched next month in Panchkula, Haryana at about Rs 1,500 per sq ft.
Affordable home segment presents a business opportunity worth USD 11.8 billion for developers across seven major cities of the country, according to property consultant Cushman and Wakefield.
LIC Housing Finance surged 4.63 percent while Dewan Housing Finance Corporation rose 4.21 percent on BSE.
Government Wednesday launched its 'Housing for All by 2022' mission and approved a substantial increase in interest relief on loan for the urban poor to promote affordable homes.
Realtors body CREDAI Monday sought tax incentives on development of affordable housing projects and interest rate reduction on home loans to below 7 percent in their budget wish-list to boost growth in the sector.
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