The focus of the Union Budget 2021 was on overall economic development and the FM made sure that the country takes an economic leap through various announcements targeted at MSMEs and startups. The real estate sector, a potent engine of growth, was once again left high and dry with no direct incentive falling in its […]
Despite the lower-than-normal sales traffic in the real estate sector, the affordable segment has emerged as the hot cake for the wannabe homebuyers. Post-Unlock, the segment witnessed improvement in the number of visits to the site, and the properties sold immediately first because of the pent-up demand and realisation of people to own their home, […]
Affordable housing projects continue to be the dominant segment in the market as 87% of the new launches in the NCR region were concentrated in the less than Rs 45-lakh price bracket during the last quarter. Affordable housing projects continue to be the dominant segment in the NCR market as 87% of the new launches […]
Despite the lower-than-normal sales traffic in the real estate sector, the affordable segment has emerged as the hot cake for the potential homebuyers. Post-Unlock, the segment witnessed improvement in the number of visits to the site, and the properties sold immediately first because of the pent-up demand and realisation of people to own their home, […]
The Haryana government has notified amendments to its affordable housing policy 2013, with change in minimum area limit, project area limit, increase in commercial component and parking provisions. The development not only makes the segment more attractive to young homebuyers, but also paves the way for entry of reputed and prominent developers. Analysts and market […]
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 […]
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 […]