Tag: Affordable Housing

Affordability; The Hallmark Of Hyderabad Realty Market

Hyderabad Realty Market is hallmarked by best possible affordability and this is the reason the city is counted in the most affordable realty market among the metro cities of India. There has been a noticeable increase in the new launches. Most of which were offered to the people with better affordability.  This sole factor well- […]

Hyderabad Termed The Most Affordable Residential Market

With the increased production of affordable housing units, Hyderabad is termed as the most affordable residential market among all metro cities of India. There has been a steady increase in the number of affordable housing units in Hyderabad. With increased demand and fresh launches of affordable housing units, Hyderabad has become the most affordable residential […]

MHUPA Asks Realty Firms to Build Affordable Houses

Ministry for Housing and Urban Poverty Alleviation (MHUPA) plans to comprise affordable housing in the infrastructure list. The Ministry hopes that it will increase the number of affordable houses. MHUPA is on the verge to initiate many steps to increase the number of affordable houses. MHUPA Minister Ajay Maken cautioned the decreasing number of affordable […]

Rise in Indian House Prices gives relief to Affordable Units.

Developers were largely disappointed with the country’s budget for 2012.  They had hoped the budget would have included more incentives for the development of affordable housing. Still, several of the key budget items were aimed at stimulating capital for new residential projects. In the world, Housing prices in India are the highest, as per the […]

Realty sector demands affordability from the government.

From the forthcoming Union Budget 2012, realty sector have much expectation that it will contain some pragmatic provisions which will lower effective price barriers for home-seekers. Broader incentives for development of affordable housing are needed, to encourage more developers to become active in this important sector and increase the supply of budget homes in the […]

Where Are The Affordable Houses?

Land is one of the major factors affecting affordable housing — be it land availability, land-accessibility or cost of land, the question always comes into the picture when plans for a housing-project are drawn up. Land factor plays such a vital role when affordable housing projects are concerned, it only underlines the importance of planning […]

Omaxe may raise prices

Real estate developer Omaxe Ltd may raise prices this financial year and plans to launch four new projects over the next two months on rising demand, its chairman said. Mr. Rohtas Goel said, “Demand might be robust. I will increase prices very soon, in single digits within this year”. The firm will invest fifteen billion […]

Realty April-June net seen slumping

PropertywalaMid-cap real estate developers are expected to show a slump in sales by half to as much as 90% in the June quarter, as home buyers stay clear of purchases, as per a poll of brokerages. Margins are also seen squeezed as many launch cheaper housing to boost unit purchases, but the firms are expected […]

New Incentivised Schemes for Affordable Housing in Offing

In its upcoming mid-term appraisal, the Planning Commission is likely to introduce couple of new schemes for real estate sector so that it acquires a priority status at times of meltdown and provide for “affordable housing”. Announcing this at the ASSOCHAM National Conclave on Threat Before Real Estate Sector – What are Solutions? held here […]

Shriram Group has finalized plans to enter the market

Chennai-based Shriram Group has finalized plans to come into the market for low-budget homes aimed at middle-income groups. Shriram is the latest property developer to try and tap into affordable housing segment as demand for real estate slumps in a slowing economy. Bangalore headquartered Shriram Properties will invest Rs. 500 crore over three years to […]

Realtors look at ‘affordable’ flats for cash flows

After launching mid-income houses, real estate companies are now targeting low-priced homes in the sub-Rs 10 lakh category to improve cash flows and beat the slump in the property market that has been driven by high borrowing rates. Unitech, the Delhi-based property major, has applied to the Haryana government to develop houses in the Rs […]

No slowdown in realty projects

Mahindra and Mahindra on Monday said there is no slowdown in its real estate projects, even as there is a slump in demand. “We are not slowing down on any of our projects. Jaipur is rocking, Chennai is doing well, city-based projects such as Faridabad are also doing well,” Mahindra and Mahindra Ltd Executive Mr […]

Mahindra Lifespaces Mulls Entering Affordable Housing Segment

Mahindra Group’s real estate arm Mahindra Lifespaces is likely to join the ‘affordable’ housing bandwagon in a year, aiming the middle-income group. “We are looking at opportunities to enter into the affordable housing sector, but it is still at the discussion stage. It may take one year to concertise the plan,” Mahindra Lifespaces Managing Director […]

Shriram Properties To Develop 15 Shopping Malls And 70-80 Budget Hotels

Shriram Properties, the real estate arm of Rs 25,000 crore Shriram Group, would launch two separate subsidiaries to promote projects in retail and hospitality segments, a top official of the company said. M Murali, managing director of Shriram Properties, said the company would develop 15 shopping malls and 70-80 budget hotels in the next 3-4 […]

Matheran Realty’s Low-Cost Houses In Karjat

It could well be termed a lottery with a difference. Anyone who has chanced to buy a lottery ticket at some point is aware that the rewards are huge for an almost minimal charge. Matheran Realty is banking on this for its first phase of 2,000 flats. Situated about 100 km from Mumbai in picturesque […]