Tag: Affordable Housing

Steps To Make Affordable Housing Projects Successful

Creating affordability in the residential segment has been a well-intentioned conundrum that Indian developers have been unravelling over the past decade. With tenets of real estate development challenged, hard-earned perspectives have been displaced, and precious learnings from failures have galvanized many success stories in this rather highly demanding segment. Like […]

Recovery In Real Estate Leaves A Positive Effect On Sales Of Affordable Homes: Survey

The COVID-19 pandemic affected the residential property market during the April-June period last year but sales have improved in affordable homes segment since July onwards, reflecting economic recovery in the real estate sector, according to the Economic Survey. The National Housing Bank’s (NHB) Housing Price Indices (HPIs) are a broad measure of movement […]

A Difficult Procedure

The affordable category has been the saviour of the housing sector, which is experiencing its worst phase in the past five years. One major hurdle faced by lower middle class and EWS citizens is the cumbersome procedure in getting construction plan approved by local authorities. Since it is mandatory to […]

MHADA To Forge An Alliance With Builders For Affordable Housing

The Maharashtra government plans to invite private real estate developers to join hands with the Maharashtra Housing and Area Development Authority (MHADA) to build affordable houses. “MHADA will be happy to tie up with private developers. We will be equity partners and are willing to take risks,” said housing minister […]

Affordable Housing To Get A Lift From The Recent Moves By The Government

In the run up to the Budget 2020, which was the first full budget of Modi 2.0, the real estate had great expectations. With the industry facing one of the steepest challenges in the last two decades amid falling sales as well as new launches, the expectations were not entirely […]

Settle The Issues That Affect Indian Housing Sector

A recent cover story in TheEconomist focused on what it termed as the “horrible housing blunder”. It outlined how an obsession with home ownership in the West has driven up home prices, and undermined growth. It rightly placed the blame on supply side constraints, and on underlying political economy issues. Similar issues […]