TDI plans to invest ₹1,000 crore in affordable housing in NCR over the next three years, driven by renewed demand and successful recent sales.
The economic slowdown has led to significant price drops for homes in the National Capital Region, creating a buying opportunity despite project delays from developers.
Builders adopt cost-effective techniques to make affordable housing a reality, without compromising on quality and comfort, with examples from Puravankara's innovations.
The demand for affordable housing is critical for India's middle income population, particularly in major metros like Delhi, Bangalore, Chennai, and Pune.
CREDAI reports growth in residential & commercial real estate sectors, driven by affordable housing & reduced home loan rates, with a 60% increase in March.
Expert suggests Govt. setup institutional framework for real estate regulator to promote transparency & affordable housing.
The ongoing recession is prompting changes in real estate, with consumers becoming cautious and developers focusing on affordable housing for middle-class buyers.
Provident Housing, part of the Puravankara Group, has acquired 62 acres near Bangalore for ₹150 crore to expand affordable housing projects in the region.
Exploring factors impacting the real estate market, with a focus on the mid-market residential segment's recovery and the shift towards affordable housing.
The affordable housing focus is driving sales recovery in the residential sector, while commercial segments struggle amid declining margins and revenue for major developers.
Indiabulls to Launch 6-7 Residential Projects with $500M Fund
Mumbai is emerging as a focal point for DLF and Unitech, as both firms work to revive halted projects along with affordable housing initiatives.
Middle-class families struggle to find affordable housing in metro cities, often facing poor designs and compromises in quality. Design standards are needed for builders.
The Planning Commission plans to introduce new schemes for real estate in its mid-term appraisal, aiming to prioritize affordable housing amidst sector challenges.
Soaring home prices and a focus on exclusive developments have sidelined middle-class buyers, but recent price cuts and cheaper loans may change the landscape in 2009.
The real estate market in 2009 is expected to become more buyer-friendly due to property and home loan rate cuts, benefiting both borrowers and developers.
The government is considering raising home loan limits and tax rebates to make housing more affordable amid economic slowdown.
Activists demand the implementation of a 1983 government rule allowing affordable group housing by providing land at low rates. Over 3,900 applications are pending.
PSU banks' attractive home loan rates spur demand in smaller towns, but the impact varies in IT hubs like Pune and Bhubaneswar.
Public sector banks cut home loan interest rates, benefiting buyers in Mumbai's outskirts and other cities. The move aims to support the housing market, but some experts believe a greater impact would require higher loan limits and increased consumer confidence.
Public sector banks' interest rate cut for home loans up to Rs 20 lakh may induce some buying in the property market, but developers and experts believe it's not enough for a major boost.
Discusses India's affordable housing sector, distinguishing it from the US sub-prime crisis, highlighting the potential market size and benefits.
Sobha Developers offers discounts on Bangalore residential projects due to sluggish demand, adjusts launch timelines, and considers smaller, more affordable homes.
Credai Orissa to reduce housing project prices by 5-10% in 2 months due to falling raw material prices.
John Abraham has received over $500,000 from ETA Star for the Habitat for Humanity initiative to build homes for the underprivileged in several countries.