CREDAI plans to request amendments to the Real Estate Bill from the Central Government, fearing increased housing costs and discouragement for smaller developers.
Salarpuria Sattva Group is expanding to Coimbatore's real estate market despite slowdown, aiming to leverage upcoming projects and city growth.
Salarpuria Sattva Group ventures into Coimbatore's real estate market, focusing on affordable housing between the railway station and airport, amidst industry growth and unsold inventory.
Delhi-NCR housing sales rise 20% in H1, driven by affordable launches, with 37,000 units sold, despite overall market slowdown
In the first half of the year, India's major cities witnessed the launch of 1.32 lakh homes, a 5% increase compared to last year. New launches have declined in Q3.
Vastubodh Projects secures ₹40 crore from Avenue Partners for affordable housing projects, particularly AnandGram, to boost their development efforts in Pune.
Bhiwandi, Rajasthan, is emerging as a promising affordable housing hub due to its strategic location, industrial growth, and infrastructure development. It's becoming a sought-after area.
The Indian Government plans to appoint real estate experts to revise housing policies and streamline project approvals in 15 states.
Property prices in NCR's micro markets have nearly doubled, with notable growth in areas like Gurgaon's Golf Course Extension and Dwarka Expressway.
NHB to Receive ₹500Cr Loan from British Govt for Affordable Housing
Noida Authority to allot 900 flats at cheaper rates this Diwali, targeting LIG & EWS sections
The Central Government is set to relax FDI norms for the real estate sector, which includes reducing the lock-in period and minimum capitalization to attract investments and make housing more affordable.
MHADA plans to redevelop Motilal Nagar Housing Colony in Goregaon, offering 600 sq ft flats to existing residents and constructing 32,000 additional affordable units.
Finance ministry officials and RBI plan to meet to discuss relaxing external commercial borrowing norms to enhance affordable housing projects in India.
The Land Acquisition Bill, after several amendments including a 50% compensation for landowners, has received consensus from all parties. However, developers and industry experts fear it will adversely impact the affordable housing sector.
Gujarat's state government will launch a comprehensive new housing policy aimed at urban areas, including slum rehabilitation and affordable housing development within a month.
The Orissa government is set to build 5,000 affordable homes in Bhubaneswar, in collaboration with private developers, targeting low-income groups.
Studio apartments, despite their small size (avg. 350 sq. ft.), are witnessing rising demand due to affordability and low maintenance costs.
The Indian Property Show in Doha anticipates 5,000 attendees. Showcasing 200 projects from 50 top developers, NRIs can explore diverse housing options, from affordable to luxury, connecting directly with industry experts.
The housing ministry has suggested implementing a single-window clearance system to expedite project approvals. This move aims to reduce property prices by lowering builders' preservation costs.
Gurgaon's luxury housing market is shifting towards mid-segment luxury apartments, driven by rising property prices and a preference for premium amenities within a more affordable price range.
Industry experts predict a surge in mid-segment housing demand, driven by affordability, particularly for 2 BHK apartments across various regions in India.
The Delhi Development Authority (DDA) has approved its budget for 2013-14, prioritizing affordable housing and green space preservation, with plans to develop over 3000 EWS houses.
The Union Budget 2013-14 provided minimal direct support to the real estate sector, addressing affordable housing slightly and impacting the luxury segment negatively.
Budget 2013 offered limited benefits to the real estate sector, primarily aiding first-time homebuyers with tax deductions on home loans up to ₹25 lakh.