Tag: Planning Commission

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 […]

DELHI TO DEVELOP SLUM AREAS SOON: REDDY

Union urban development minister Jaipal Reddy said that the government will soon make available slum lands in New Delhi for re-development. The government will follow the Mumbai model where land is auctioned to the real estate developers for building flats. Certain number of flats will be reserved for the slum dwellers at a minimal price. […]

Govt criticizes ASSOCHAM

Taking strong exception to industry chamber Assocham‘s forecast that a quarter of people in certain key sectors will lose jobs in the next ten days, government today said the economy is poised for the other way. “The Deputy Chairman of the Planning Commission and my colleague Jairam Ramesh (Minister of State for Commerce) have taken […]

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 […]