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Coming! New Affordable Housing Scheme

 The new scheme may be announced before the Lok Sabha elections. Illustration: Dominic Xavier/Rediff.com   The government is planning a new affordable housing scheme for households in urban......

Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

 The government on Monday sought Parliament nod for net additional spending of over Rs 1.07 lakh crore, including about Rs 15,000 crore towards fertiliser subsidy, in the third batch of......

Why Affordable Housing Will Remain Muted Despite Rate Cut

 While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors. Illustration:......

Budget 2025: What realtors want from Nirmala Sitharaman

 As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri......

HDFC witnesses highest ever loan approval; crosses Rs 2 lakh cr in FY22

 Mortgage lender HDFC on Wednesday said it has approved the highest ever retail home loans of over Rs 2 lakh crore in 2021-22. Photograph: PTI Photo The demand for these loans was from across the......

HDFC's ambitious plan to build affordable homes

 International Finance Corporation will put in $200 million and HDFC will contribute $600 million to create $800-mn corpus for affordable homes In a major fillip to the government’s housing......

How much GST to charge for affordable homes?

 In the 2017 budget, the government accorded infrastructure status for affordable projects to help such projects raise loans at lower rates The government has announced concessional GST rates for......

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