Jun 30, 2017 07:13 PM IST
Five-year lock-in period removed; over 99 percent houses eligible for interest subsidy under PMAY urban.
- Jun 22, 2017 02:00 PM IST
The Ministry of Housing and Urban Poverty Alleviation (HUPA) has approved construction of 70,784 affordable houses for the benefit of urban poor in Uttar Pradesh under the Pradhan Mantri Awas Yojana.
- Jun 07, 2017 02:29 PM IST
Finding it hard to purchase a house that suits your budget? A ‘half more’ apartment could be the solution for you.
- May 30, 2017 01:41 PM IST
With Prime Minister Narendra Modi's office recently asking all government departments to identify unutilised land, developers are hoping that such land will soon be made available to them
- May 09, 2017 05:00 PM IST
To whom are these reduced rates applicable The reduction in State Bank of India‘s (SBI‘s) rates, is not as widely applicable, as is made out to be. It is not that the home loans R
- Apr 28, 2017 07:00 PM IST
Urban Development, Housing and Urban Poverty Alleviation minister, M Venkaiah Naidu, on April 28, 2017, revealed that so far, a total online demand of 8.97 lakh houses had been received under the Pradhan Mantri R
- Apr 10, 2017 01:00 PM IST
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 R
- Apr 04, 2017 01:13 PM IST
Low home loan rates have improved affordability for most income groups and have made purchase of property viable. Demand-supply mismatch is also likely to push real estate prices higher. To wait further will be a fallacy on the part of home-buyers, Getamber Anand, President, Confederation of Real Estate Developers’ Association of India (Credai) said in an interview to Moneycontrol.
- Mar 23, 2017 04:00 PM IST
Domestic rating agency ICRA, on March 22, 2017, said that the affordable housing segment is likely to grow over 30% over the medium term and will be the key growth driver for the mortgage R
- Mar 23, 2017 01:11 PM IST
The monthly home loan installment (EMIs) will soon come down by almost Rs 2000 if your first home falls in a city or town under the Pradhan Mantri Awas Yojana (PMAY) and if you fall in the income bracket of Rs 12-18 lakh.
- Mar 22, 2017 02:00 PM IST
The centre, on March 21, 2017, approved the construction of over 1.10 lakh houses for the urban poor, in six states at a cost of Rs 5,773 crores under the Pradhan Mantri Awas Yojana R
- Mar 20, 2017 05:00 PM IST
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 R
- Feb 22, 2017 09:22 PM IST
Debt mutual funds can now invest up to 15 percent of their total net assets in housing finance companies with Sebi easing the regulations in this regard.
- Feb 02, 2017 08:00 PM IST
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 R
- Feb 01, 2017 07:00 PM IST
The real estate sector has largely welcomed the various measures that finance minister Arun Jaitley announced in his Union Budget 2017-18 presentation on February 1, 2017. “We must appreciate the fact that the government R
- Jan 30, 2017 08:00 AM IST
As budget 2017 closes in, the real estate market is ready with its list of demands from the finance minister. Of these, some demands have a good chance of being addressed in the upcoming R
- Jan 24, 2017 05:00 PM IST
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, R
- Jan 23, 2017 08:00 AM IST
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. R
- Jan 19, 2017 02:00 PM IST
The ministry of Housing and Urban Poverty Alleviation (HUPA), on January 18, 2017, has approved the construction of 78,703 additional affordable houses for the Economically Weaker Sections (EWS) in the states of Tamil Nadu, R
- Jan 10, 2017 01:55 PM IST
The government already gives 6.5 percent interest subvention to people with Rs 6 lakh per year income. The interest subvention is also given for loans upto Rs 6 lkah under the PMAY.
- Feb 18, 2016 06:52 PM IST
The Ministry of Housing and Urban Poverty Alleviation said a total central assistance of Rs 1,226 crore -- at the rate of Rs 1.50 lakh for each house -- will be provided under the Prime Minister's Awas Yojana (Urban) with the overall cost of the project estimated to be Rs 4,076 crore.