Affordable homes offer $11.8-bn opportunity for builders

Last Updated: Monday, August 24, 2015, 23:48

Affordable home segment presents a business opportunity worth USD 11.8 billion for developers across seven major cities of the country, according to property consultant Cushman and Wakefield.

Housing finance stocks hog limelight, soar up to 5%

Last Updated: Thursday, June 18, 2015, 13:03

LIC Housing Finance surged 4.63 percent while Dewan Housing Finance Corporation rose 4.21 percent on BSE.

'Housing for All' scheme launched, interest relief for urban poor

Last Updated: Wednesday, June 17, 2015, 17:37

Government Wednesday launched its 'Housing for All by 2022' mission and approved a substantial increase in interest relief on loan for the urban poor to promote affordable homes.

'New land law makes affordable homes a mirage'

Last Updated: Sunday, September 22, 2013, 15:29

Even as the new land law is aimed at providing fair compensation to those whose land is acquired, besides bringing transparency into the real estate sector, it may not be able to realise the dream of offering cheaper homes, according to an industry analyst.

Housing Ministry wants built-up area norms relaxed for FDI

Last Updated: Wednesday, July 31, 2013, 21:57

In a bid to boost affordable homes, Housing Ministry is pushing for a relaxation of minimum built-up area norms for FDI in real estate projects.

Dream of affordable homes gathers dust in Maharashtra

Last Updated: Wednesday, April 25, 2012, 19:27

An ambitious plan to construct 500,000 affordable homes in Mumbai, Thane and Raigad districts of Maharashtra is gathering dust due to "inaction and policy paralysis" on the part of the state government, a top realtors' body alleged here Wednesday.

China building 8.68 mn subsidised houses

Last Updated: Friday, September 9, 2011, 15:59

Chinese authorities are building 8.68 million subsidised houses for the middle and lower middle classes to check acute shortage of affordable dwelling units across the country.