Affordable Housing

Thursday, Apr 18, 2024 | Last Update : 01:36 PM IST

Centre has decided to delink the land component from the companies and transfer them to their parent ministries

Centre to delink land held by 17 sick PSUs

While the government identified 19 sick PSUs for time-bound closure two years back, till now it has managed to close only two of them

02 Nov 2020 10:49 AM

Anarock said a total of 4 lakh units in projects launched in 2013 or before are stuck or delayed across various segments, excluding NCLT projects. (Photo: AP)

Govt's fund will help complete up to 2.5 lakh housing units

The current fund allocated when fully utilised would aid in completing about 1.6 lakh units.

17 Sep 2019 2:53 PM

The investment was made under the central bank's automatic route in the revamped external commercial borrowings (ECB) framework.

PNB Housing Finance raises USD 100 million from IFC

The RBI has allowed us to borrow ECB up to USD 750 million annually under the automatic route.

29 Jul 2019 10:40 AM

A total of 492 projects will cost Rs 6,642 crore, out of which the Centre approved a financial assistance of Rs 2,102 crore.

Govt approves construction of 1.4 lakh more houses under PMAY

Govt sanction construction of around 1,40,134 more affordable houses for the benefit of urban poor.

26 Jul 2019 9:15 AM

Growth stimulation, promoting affordable housing and incentivizing digital economy have been the key focus areas of the first full budget presented by Modi 2.0 government.

Budget 2019: 6 key takeaways that can impact your personal finance

Apart from keeping the tax slabs unchanged, there are a number of budget proposals that will impact your personal finance.

12 Jul 2019 10:56 AM

CREDAI, which has over 10,000 developers as members, also pitched for uniform definition of affordable housing. (Representational Image)

CREDAI seeks bank funding for developers to buy land for affordable housing projects

Land funding is typically done by NBFCs or private equities, it said, but added that cost to developers are as high as 25 pc.

16 Jun 2019 6:23 PM

Bandhan Bank MD and CEO Chandra Shekhar Ghosh.

Bandhan Bank to give a big push to affordable housing

Bandhan Bank deposits touched Rs 34,639 crore and loan book at Rs 35,599 crore.

28 Mar 2019 1:40 PM

On outlook for housing sector, the report said the supply-demand scenario is expected to improve and unsold inventory levels are likely to decline further. (Representational Image)

Realty market to grow in 2019; to add 200 mn sq ft space this yr: CBRE

Affordable housing will drive supply and demand, backed by several government reforms, said the report.

27 Mar 2019 2:33 PM

Of the 3.98 lakh units sold in the sub Rs 40 lakh category, MMR and NCR hold 57 per cent share. (Representation image)

Max affordable hsg supply in MMR, NCR in 5 years

Pune comes next with a sale of 75,000 units out of 1.13 lakh units launched during the period.

16 Mar 2019 2:29 AM

It has become imperative to curtail it at 5 per cent slab, contended the Chamber.

Fix GST at 5 pc, rationalise stamp duty, land rates for affordable housing: PHD Chamber

With GST slab staying onto 8 per cent would partly defeat the efforts to provide for housing for all by 2022.

30 Mar 2018 11:47 AM

As against 1.96 per cent of overall home loans not repaid for over 90 days

Low-cost home loans face higher risk of defaults: report

At Rs 7.79 lakh crore, affordable housing accounts for 50 per cent of the overall home loans of Rs 15.8 lakh crore.

28 Feb 2018 4:43 PM

ICICI Bank has the largest mortgage portfolio among private sector banks with over Rs 1 trillion in advances.

ICICI disburses Rs 6,700 crore to 1st-time low-cost home buyers

Bank has been focusing on affordable housing segment to realise their dream of owning a home.

23 Jan 2018 5:29 PM

Government is also providing interest subsidy to buyers on the low cost homes under Pradhan Mantri Awas Yojana. (Photo: PTI)

SBI to raise Rs 20,000 cr for affordable housing, infra

Bank did not specify whether the borrowing would be in rupee denomination or foreign currency.

18 Jan 2018 10:36 AM

The bank, however, did not specify whether the borrowing would be in rupee denomination or dollar.

SBI to raise Rs 5,000 crore via bonds for affordable housing

Last month, bank's board had approved raising Rs 8,000 crore through various sources.

10 Jan 2018 9:45 AM

Housing loans continue to be seen as the best performing retail loan asset class in the country.

Affordable home-loans next threat to banks: Moody's-Icra report

Gross-nonperforming assets in the affordable housing segment have inched up to 1.8 per cent as of Sept 2017.

09 Jan 2018 9:45 AM

Tata Value Homes on Monday announced the launch of its '99 hours flash sale' across India to offer affordable homes to customers. (Photo: Pixabay)

Tata Value Homes makes dream homes affordable with '99 hours flash sale '

Tata Value Homes pioneered affordable housing in India and continues to introduce innovative offers.

24 Oct 2017 11:18 AM

Of the total new launches in affordable units, 40 per cent were in Mumbai (10,500 units), followed by Kolkata (3,886 units) and Pune (3,752).

Cheap housing escapes slump

High-end and luxury segment decline.

10 Oct 2017 1:09 AM