Affordable Housing
To tackle housing demand and clear unsold inventory, MHADA’s Konkan Board has launched a bold campaign, bringing affordable homes closer to reality for MMR buyers. Here’s what it means for you.
- 8th Dec 2024
- 1136 Views
- Affordable Housing
- News
- New Delhi
The Rural Development Ministry allocated 3.8 million houses under PMAY-G for FY25, part of a 5-year plan to build 20 million homes and transform rural housing in India.
- 6th Dec 2024
- 1140 Views
- Affordable Housing
- News
- New Delhi
The GST Council's GoM proposes increasing the affordable home price barrier from ₹45 lakh to ₹55 lakh. If authorised, this might help budget homebuyers by matching GST incentives with growing property prices and increasing housing accessibility throughout India.
- 3rd Nov 2024
- 1176 Views
- Affordable Housing
- News
- Mumbai
To promote affordable housing in India, the government has quadrupled the financial allocation to ₹10 lakh crore under the PMAY Urban 2.0 scheme. This extra funding is intended to boost affordable housing, especially for individuals relocating to cities for better jobs.
- 21st Aug 2024
- 1223 Views
Many middle-class Indians are losing their goal of home ownership as property prices rise, making affordable homes scarce. With the average property costing ₹1.2 crore to ₹1.4 crore, homeownership is becoming increasingly difficult to achieve.
- 13th Aug 2024
- 1228 Views
- Affordable Housing
- News
- New Delhi
The Pradhan Mantri Awas Yojana (PMAY)'s financial assistance for 30 million more housing units will boost affordable housing and move closer to the government's goal of housing for all.
- 14th Jun 2024
- 1262 Views
In Mumbai, where 40% live in slums, finding a house is difficult. Despite government pledges, many slum redevelopment programmes are unfinished or controversial. Example: Hari Nagar-Shivaji Nagar SRA Housing Society.
- 19th May 2024
- 1283 Views
- Affordable Housing
- News
- Mumbai
The government's newest proposal in the Interim Union Budget for 2024-25 offers a comprehensive strategy to empower worthy middle-income people. Tenants in chawls, slums, and unauthorised colonies are being offered a chance to buy or build their own houses. A wider approach to improve quality of lif
- 9th Feb 2024
- 1425 Views
- Affordable Housing
- News
- New Delhi
The Union Cabinet has extended the Pradhan Mantri Awas Yojana (Urban) till December 2024. This decision, announced in an official statement, extends the June 2015 plan. The original March 2022 'Housing for All' Mission aims to provide pucca dwellings to all qualified urban inhabitants.
- 10th Jan 2024
- 1290 Views
- Affordable Housing
- News
- Ahmedabad
Homebuyers are encouraged by rising house affordability in key Indian cities. The percentage of income needed to pay monthly home loan payments has reduced despite rising mortgage rates over the last year.
- 29th Dec 2023
- 1351 Views
- Affordable Housing
- News
- Gurgaon
Gurugram, known for its modernism and progress, will get another iconic housing project. Signature Global, a real estate giant, bought a 25.75-acre plot in Fazilpur. On this freshly purchased site, the business plans to develop an ambitious group housing project to raise the standard.
- 26th Oct 2023
- 1354 Views
The Indian Government, under the stewardship of Housing and Urban Affairs Minister Hardeep Singh Puri, is on the brink of unveiling a pivotal interest subvention scheme aimed at bolstering the urban housing sector.
- 1st Oct 2023
- 1301 Views
- Affordable Housing
- News
- Solapur
The Maharashtra and national governments are leading India's biggest low-cost housing project to address urban housing issues.
- 19th Sep 2023
- 1647 Views
The Government of India is urging banks to use the'special window' it has opened up to expedite the completion of large-scale real estate projects worth more than 3 lakh crore.
- 7th Jul 2023
- 1379 Views
- Affordable Housing
- News
- Mumbai
This week, the Mhada Mumbai Board will begin collecting applications for its impending lottery for 4,083 apartments and tenements. The application deadline is June 26, 2023, and the draw is scheduled for July 18, 2023.
- 24th May 2023
- 1434 Views