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  • TN government to sanction 3 lakh houses in 2017-18: Housing minister Naidu May 15, 2017 05:00 PM IST

    TN government to sanction 3 lakh houses in 2017-18: Housing minister Naidu

    Tamil Nadu would sanction three lakh houses in 2017-18, under the central government’s ‘Housing for All’ scheme, union minister M Venkaiah Naidu has said. “The Tamil Nadu government has assured me that it will &#82

  • SBI cuts affordable home loan rates to 8.35%, lowest in market May 08, 2017 07:00 PM IST

    SBI cuts affordable home loan rates to 8.35%, lowest in market

    State Bank of India, on May 8, 2017, announced a steep reduction in its affordable home loan rates by up to 25 basis points, with the lowest rate of 8.35 per cent for new &#82

  • A business-friendly strategy, is the only way to create affordable housing Apr 12, 2017 05:00 PM IST

    A business-friendly strategy, is the only way to create affordable housing

    Cost-effective housing is a key problem in all developing countries but India presents a remarkable case study. While India’s constantly expanding population is the bedrock of its economic promise, it is also the source &#82

  • PMO wants participation of private developers to achieve ‘Housing for All‘ Apr 10, 2017 01:00 PM IST

    PMO wants participation of private developers to achieve ‘Housing for All‘

    The Prime Minister’s Office (PMO), recently held meetings to discuss deliberations around undertaking projects in the PPP mode, to boost the supply of low-cost houses. This development comes in the backdrop of the thrust &#82

  • Centre launches 350 projects for affordable housing scheme Apr 10, 2017 09:00 AM IST

    Centre launches 350 projects for affordable housing scheme

    The move comes a day after the Prime Minister's Office (PMO) held a meeting with private real estate developers with a focus to remove "bottlenecks" to ensure private sector participation in the government's ambitious 'Housing-for-all by 2022' programme.

  • Is GST bad news for home buyers and renters? Mar 31, 2017 03:25 PM IST

    Is GST bad news for home buyers and renters?

    Monthly instalments on home loans taken for under-construction houses will attract GST from July. So will land leasing and rented properties, including the currently-exempt residential housing.

  • Is GST bad news for home buyers and renters? Mar 31, 2017 02:00 PM IST

    Is GST bad news for home buyers and renters?

    The Lok Sabha, on March 29, 2017, cleared four bills in preparation of the upcoming rollout of the Goods and Services Tax (GST) regime: Integrated GST Central GST Union territory GST Compensation bill This &#82

  • Interest subsidy scheme for MIG housing to be effective from January 1, 2017 Mar 23, 2017 03:00 PM IST

    Interest subsidy scheme for MIG housing to be effective from January 1, 2017

    The Centre’s credit-linked interest subsidy scheme, for housing loans taken by people in the mid-income groups (MIGs), has been made effective from January 1, 2017, with EMIs to go down by over Rs 2,000 &#82

  • Parliamentary panel demands probe into cases of fraud in PMAY Mar 20, 2017 05:00 PM IST

    Parliamentary panel demands probe into cases of fraud in PMAY

    A parliamentary panel has asked the Housing and Urban Poverty Alleviation (HUPA) Ministry to immediately get a thorough probe done into the cases of fraud being committed by unscrupulous elements, in the name of &#82

  • COMMENT: Why affordable housing may be a rare bright spot in realty Feb 27, 2017 03:35 PM IST

    COMMENT: Why affordable housing may be a rare bright spot in realty

    India faces an estimated housing shortage of 18 million units. If the country has to deliver on the promise of “housing for all by 2022”, it translates into completing approximately three million units a year.

  • Budget 2017: Expectations vs actual announcements for real estate Feb 02, 2017 08:00 PM IST

    Budget 2017: Expectations vs actual announcements for real estate

    The real estate fraternity and home buyers, have now started analysing the fine print of the announcements made in the Union Budget 2017-18. This budget has drawn a clear distinction, between the affordable housing &#82

  • Wanted: A budget for budget housing Jan 30, 2017 08:00 AM IST

    Wanted: A budget for budget housing

    Right before Union Budget 2017-18, the issue of budget or affordable housing, is once again in the spotlight. As the central government reiterates its commitment towards ‘Housing for All‘, this aim cannot be fulfilled &#82

  • Budget 2017 should address the need for skill development in realty sector Jan 28, 2017 08:00 AM IST

    Budget 2017 should address the need for skill development in realty sector

    The Indian realty sector is slated to become the fastest-growing realty market, in the next few years. With a rapidly growing population, high GDP and rising income levels, the infrastructure in rural and urban &#82

  • Government approves 3% interest subsidy on homes loans upto Rs 2 lakhs Jan 24, 2017 05:00 PM IST

    Government approves 3% interest subsidy on homes loans upto Rs 2 lakhs

    Close on the heels of the prime minister‘s new year‘s eve address to the nation, where he announced an interest subsidy scheme, the central government on January 24, 2017, has cleared another similar scheme, &#82

  • Will economic compulsions allow for a realty-friendly budget? Jan 24, 2017 08:00 AM IST

    Will economic compulsions allow for a realty-friendly budget?

    The state of the Indian economy, suggests that the government will have to walk a tight rope with the Union Budget 2017-18, amidst forecasts of a slowing economy. Although banks are now flush with &#82

  • Budget 2017: 3 key hopes of the realty market Jan 23, 2017 08:00 AM IST

    Budget 2017: 3 key hopes of the realty market

    1. More clarity on REITs Easing the guidelines for real estate investment trusts (REITs), will open the way for the realty sector to get easy funding and ensure timely completion of projects, say developers. &#82

  • Benami property: A focus area of Budget 2017? Jan 20, 2017 08:00 AM IST

    Benami property: A focus area of Budget 2017?

    The central government has repeatedly stated its intent to deal with benami transactions. It is, hence, expected that several concrete steps and financial curbs on benami transactions may be announced in the Union Budget &#82

  • Budget 2016 to Budget 2017: Did last year‘s sops help affordable housing? Jan 19, 2017 08:00 AM IST

    Budget 2016 to Budget 2017: Did last year‘s sops help affordable housing?

    In the 2016-17 union budget, the government introduced several measures to boost affordable housing. Among the significant ones, it provided 100% tax exemption on profits, for developers building homes up to 30 sq meters &#82

  • Budget 2017: Govt may announce measures for under-banked sections (COMMENT) Jan 16, 2017 03:43 PM IST

    Budget 2017: Govt may announce measures for under-banked sections (COMMENT)

    One can foresee that the short-term impact on GDP, triggered by demonetization, and the impending elections in four states of the country, will majorly impact the policies of this year‘s budget

  • Scheme to construct 1 cr house in 3 years on: Govt Nov 17, 2016 01:16 PM IST

    Scheme to construct 1 cr house in 3 years on: Govt

    The Minister said house construction is not permissible under MGNREGS scheme. However, under PMAY-G convergence with MGNREGS, it has been made mandatory in the form of 90-95 days of unskilled labour wages for construction of house.

  • "NAREDCO`s 13th National Convention and Expo will Provide a Fillip to the Real Estate Sector," Niranjan Hiranandani Aug 08, 2016 12:59 PM IST

    "NAREDCO`s 13th National Convention and Expo will Provide a Fillip to the Real Estate Sector," Niranjan Hiranandani

    The 

  • ‘Better infrastructure can solve India‘s urban housing shortage‘ Jul 29, 2016 02:05 PM IST

    ‘Better infrastructure can solve India‘s urban housing shortage‘

    Noting that factors, such as road infrastructure and inflation seem to be closely linked to residential price movements, a report titled ‘Indian Real Estate: Comprehending the varying speeds of growth‘ by JLL India and &#82

  • "To Achieve `Housing for All by 2022` Realty Stake Holders Estate Need to Ramp up Quantum of Work by 800 Per Cent": Niranjan Hiranandani Jul 28, 2016 12:35 PM IST

    "To Achieve `Housing for All by 2022` Realty Stake Holders Estate Need to Ramp up Quantum of Work by 800 Per Cent": Niranjan Hiranandani

    The Indian Government’s initiative of ‘Housing for All by 2022’ is a positive one, but if it has to become a reality, there is a ...

  • NAREDCO Delegation Meets Maharashtra CM; Discusses Issues and Bottlenecks that Impact Affordable Housing Jun 24, 2016 05:15 PM IST

    NAREDCO Delegation Meets Maharashtra CM; Discusses Issues and Bottlenecks that Impact Affordable Housing

    Niranjan Hiranandani, Founder and First President, National Real Estate Development Council (NAREDCO) Maharashtra, lead a delegation of ...

  • Normal monsoon likely to drive cement demand in 2HFY17: Goldman Jun 09, 2016 01:37 PM IST

    Normal monsoon likely to drive cement demand in 2HFY17: Goldman

    Goldman Sachs believes near-term demand is likely to be weak due to monsoons, which could lead to seasonal weakness in prices but it remains structurally positive on the medium-term demand and supply outlook (especially after monsoon).

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