Browsing: Affordable housing in India

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How to make housing more affordable?

No one has got a clear answer to the core of the problems and every industry  stakeholder has his own point of view. However, the economies of scale suggests it definitely helps the developers to undertake cost-effective measures since material procurement happens at a group level. This gives large developers an advantage over other smaller developers and projects. Also, the duration of construction has an impact on the cost. The developers must ensure the completion of projects on time, which could help us sell the properties at a faster pace and keep the cost under control. 

Reports PMAY Housing Benefits, Affordable Housing in India, Housing Supply in India, Housing Supply in Top 7 Cities

Only 29% of H1 2019 housing supply qualifies for govt sops in top 7 Cities – ANAROCK

Only a paltry number of developers have built housing that meets the Government’s criteria for incentivized affordable housing in 2019. ANAROCK data reveals that of the total housing supply of 1,39,490 units in the top 7 cities H1 2019, merely 39,840 units meet these criteria. The Government’s recent Budget ‘bonanza’ of an additional INR 1.5 lakh tax deduction on interest repayment of home loans availed till March 2020 will benefit very few people in urban India.

Reports Housing for All, Success of Housing for All, Mass Housing in India, Affordable Housing in India, Housing Shortage in India, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property market News, Investment in Property

Housing for all just a populist slogan

The Indians think instead of media hyperbole of big measures many of the small but practical measures can go a long way to ensure a house for each family, if not each individual. Some of the suggested measures may not make the government popular, and hence the Indians are not convinced with the promise of housing for all. 

Reports Affordable Housing in India, Affordable locations, Affordable housing in NCR, Affordable locations in MMR, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in property

NCR and MMR lead affordable housing in last 5 years

Affordable housing was given the much-coveted infrastructure status, and the very definition of affordable housing has been tweaked to accommodate more inventory under this key category. Moreover, the previously highly speculative markets of NCR and MMR have been tamed and are, in fact, leading the thrust of affordable housing today.

Headlines Provident Sunworth, Provident Housing, Puravankara Projects, Best affordable housing, Affordable housing case study, Investment in affordable housing, Best affordable housing in Bengaluru, India real estate news, Indian realty news, real estate news India, Indian property market news, Investment in property, Investment in Bengaluru, Track2Realty

Mid-market housing mainstay of residential sales

The share of mid-market houses costing INR 20-50 lakh in the overall residential sales in the country has been progressively rising, touching an all-time high of 42 percent of total transactions in the second half of the current financial year 2018-19, according to data released today by India’s largest marketplace for new homes Square Yards.