Haryana government has notified the amendment in Affordable Housing Policy-2013, paving the way for big developers to launch project under the scheme with the decision to increase the area and include car parking space in the project will make the project more lucrative. “The amendments in Haryana’s Affordable Housing Policy 2013 will mean that more […]
The Affordable Housing segment is set to get a major boost with the Haryana Cabinet’s go-ahead for amendment in Affordable Housing Policy 2013 Haryana Development and Regulation of Urban Areas Act 1975 for change in Minimum Area Limit, Project Area Limit, Increase in Commercial Component, and Parking Provisions. After the latest guidelines on December 23, […]
With NCR witnessing a 51% slump in housing sales and 47% decrease in new supplies in 2020 due to the “unstable” realty market, developers across the region’s cities say the sector has been going through challenging times and immediate government intervention is needed for its revival. The builders demand more development-friendly policies such as reduction […]
The reverse migration, which led to the emergence of heightened demand for homes in tier 2/3 cities, demand for bigger homes and green complex with healthcare facilities, are some of the positives from 2020, according to real estate developers. Developers said that the overhang of subdued demand from last quarter of 2019 continued into 2020 […]
With the Haryana government deciding to include car parking space in affordable housing projects Gurgaon, city-based developers expect a surge in demand for such low-budget flats in Gurgaon and Sohna. As per the latest amendment to Affordable Housing Policy 2013, one car parking space for each dwelling unit is now free, which means a buyer […]
In a bid to increase the scope of affordable housing, the Haryana cabinet on Wednesday gave the go ahead for amendment in Affordable Housing Policy 2013 Haryana Development and Regulation of Urban Areas Act 1975 for change in Minimum Area Limit, Project Area Limit and Increase in Commercial Component and Parking Provisions. As per the […]
2020 started on a positive note with the real estate sector hoping to improve upon the mix bag performance of 2019. The first heartbreak came when the Union Budget 2020-2021 almost neglected the real estate sector, barring some good tidings for the affordable segment. The sector took respite in the government’s focus on infrastructure, which […]
Rajat Goel, JMD, MRG World said,”The real estate market is slated to move towards recovery post Unlock, and the policy measures introduced by the apex bank reflect optimism about economic growth. RBI was of the view that the Indian economy will register positive growth in the October-to-December festive quarter after six months of contraction if […]
Realtors on Friday welcomed the RBI’s decision to keep policy rates unchanged and its projection of revival in economic growth, saying this will lead to continuation of low interest rate regime on home loans and boost housing demand. The RBI kept benchmark rate unchanged for third time in a row at 4 per cent. It […]
With almost three quarters after the coronavirus outbreak, the nation has started to come out of the economic slowdown. Gradually increasing real estate sales numbers and homebuyer’s enquiries point towards a brighter future. Post pandemic, the revival of the Indian real estate sector, being the second largest employer of the nation, will be significantly impacting […]