News for 'Affordable housing'

4 BIG Housing MYTHS Busted

4 BIG Housing MYTHS Busted

Rediff.com2 Feb 2024

When you are under social, peer, parental, sibling, marital pressure to buy a house direct them to this article, says P V Subramanyam

'Mamata's Fundamental Concern Is The Muslim Vote'

'Mamata's Fundamental Concern Is The Muslim Vote'

Rediff.com18 Apr 2025

'Rather than assuaging the feelings of the Hindus accommodated in schools and hospitals, she calls a meeting of imams and tries to assuage them.'

'For every house built, three to five jobs are created'

'For every house built, three to five jobs are created'

Rediff.com3 Mar 2018

In an email interview with Ranju Sarkar, International Finance Corporation's South Asia director Mengistu Alemayehu explains why the firm is bullish on building affordable homes in India.

His house razed, rat miner rejects DDA's guest house offer

His house razed, rat miner rejects DDA's guest house offer

Rediff.com29 Feb 2024

Not long ago, the rat-hole miner was feted for his role in rescuing with his team 41 workers trapped in Uttarkashi's Silkyara tunnel in November last year.

SC to hear plea for debarring candidates with serious crimes on Mar 18

SC to hear plea for debarring candidates with serious crimes on Mar 18

Rediff.com13 Mar 2025

The Supreme Court is scheduled to hear on March 18 a plea seeking to debar from polls, candidates charged with serious offences. The plea, filed by advocate Ashwini Kumar Upadhyay, seeks directions to the Centre and the Election Commission of India (ECI) to restrain such candidates put on trial for serious offences. The plea alleges that despite recommendations of the Law Commission of India and court's previous directions, the Centre and the ECI did not act. The plea also highlights the increasing number of MPs with declared serious criminal cases since 2009, with one MP declaring 204 criminal cases against him, including culpable homicide, house trespass, robbery, criminal intimidation, etc. It claims that political parties are competing with each other in a race to the bottom as they couldn't afford to leave their competitors free to recruit persons with criminal antecedents.

TN govt powers Foxconn residence for 18K women

TN govt powers Foxconn residence for 18K women

Rediff.com16 Aug 2024

The Tamil Nadu government is set to unveil a housing initiative for 18,720 women employed by Taiwanese tech giant Foxconn, a key supplier to iPhone-maker Apple, this Saturday. The project, located at Vallam Vadagal near Chennai, marks the first time an Indian state government has constructed a hostel of this scale for a private firm - a model that's been successful in China and Vietnam.

10 most affordable cities in India to buy a flat

10 most affordable cities in India to buy a flat

Rediff.com12 Jan 2016

Hyderabad is perhaps one of the most affordable cities among all tier 1 cities of India.

Gold ETFs Grow Popular in India

Gold ETFs Grow Popular in India

Rediff.com16 May 2025

'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'

BJP Sankalp Patra: Enough powder to ignite stocks, if investors are patient

BJP Sankalp Patra: Enough powder to ignite stocks, if investors are patient

Rediff.com23 Apr 2024

Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time. The key investment themes have been identified after analysing the Sankalp Patra - the party's manifesto for the next five years - released on Sunday.

US: Pro-Palestinian protest leader taken away in handcuffs

US: Pro-Palestinian protest leader taken away in handcuffs

Rediff.com15 Apr 2025

Immigration officials on Monday detained Mohsen Mahdawi, an organiser of pro-Palestinian protests last year at Columbia University, after he arrived at the Vermont immigration office, hoping to begin the final step to becoming a US citizen, CNN reported.

When expatriates cannot afford high rents

When expatriates cannot afford high rents

Rediff.com18 Aug 2013

The economic boom of the last decade are forcing foreigner with low-income to live in the infamous Rio de Janeiro slums.

From Fields to Bestsellers: Reena Rathore's Inspiring Story

From Fields to Bestsellers: Reena Rathore's Inspiring Story

Rediff.com29 May 2025

'My life has been quite difficult. I felt I could see it in words. I thought if everyone else can write, then I can too.'

CLSA downgrades select realty stocks. Here's why

CLSA downgrades select realty stocks. Here's why

Rediff.com2 Feb 2024

CLSA has downgraded select real estate stocks and expects most counters from this sector to consolidate in the months ahead after the sharp run seen in them in the last few months. Most positive factors in terms of a pick-up in housing demand and office space absorption, it said, are already priced in. "We expect housing industry demand to grow around 12 per cent in 2024 and for large developers to outpace industry to grow at 15 - 20 per cent.

'Putin Is A Liar'

'Putin Is A Liar'

Rediff.com15 Apr 2025

'Putin dreams about his legacy. He wants to forcibly restore the Russian empire.' 'Unfortunately, after three years of large-scale war with massive human losses, Putin will not budge from his goal because human life is the cheapest resource in the Russian State.'

Cop suspended for 'mixing ash' in food at Maha Kumbh

Cop suspended for 'mixing ash' in food at Maha Kumbh

Rediff.com31 Jan 2025

A police officer in Prayagraj, India, has been suspended after a video surfaced showing him allegedly mixing ash into food served at a community feast for devotees at the Maha Kumbh Mela. The video sparked outrage on social media, leading to the officer's suspension and departmental proceedings.

Affordable Mumbai housing gets phenomenal response

Affordable Mumbai housing gets phenomenal response

Rediff.com13 Jan 2009

MHADA has earned Rs 8.82 million. With a single form available for Rs 100, the housing body is expecting to sell anything between 70,000 to 100,000 forms per day, sources said. As many as 88,222 forms were sold across the 21 branches of HDFC Bank on Monday, the first day for the sale of forms for the 3,863 MHADA flats across the city, official sources said. HDFC Bank has been appointed as the official seller and receiver of the forms.

Trump's 'America First' agenda: Key policies unveiled

Trump's 'America First' agenda: Key policies unveiled

Rediff.com21 Jan 2025

US President Donald Trump has 'America First' as his priorities and this includes making America safe again, making the country affordable, achieving energy dominance, draining the swamp and bringing back American values, the White House said on Monday.

HDFC's ambitious plan to build affordable homes

HDFC's ambitious plan to build affordable homes

Rediff.com17 Nov 2017

International Finance Corporation will put in $200 million and HDFC will contribute $600 million to create $800-mn corpus for affordable homes

World urges India and Pakistan to 'exercise restraint'

World urges India and Pakistan to 'exercise restraint'

Rediff.com7 May 2025

World leaders, including the UN Secretary-General and US President Donald Trump, have urged India and Pakistan to exercise restraint and seek peaceful solutions to the ongoing tensions. The calls for calm come after India conducted airstrikes in Pakistan-occupied Kashmir in response to a recent terrorist attack. Leaders from the US, Russia, UK, China, UAE, Qatar, and Japan have expressed concern over the escalating situation and emphasized the need for dialogue and de-escalation.

Housing for poor finally taking off

Housing for poor finally taking off

Rediff.com29 May 2017

For those in the EWS and LIG category who wish to take a loan up to Rs 600,000, there is an interest subsidy of 6.5 per cent for a tenure of 15 years.

L&T eyes up to Rs 40K cr in pre-sales from realty business

L&T eyes up to Rs 40K cr in pre-sales from realty business

Rediff.com7 Oct 2024

Buoyed by regulatory overhaul and infrastructure boom, engineering conglomerate Larsen & Toubro (L&T) has identified realty business as one of its growth engines for the next 10 years and plans to acquire land parcels while expanding pre-sales, said a senior company executive. L&T Realty has started looking out to acquire land parcels and grab partnership development opportunities across markets to scale up its business. "We are making some strides in that direction, albeit cautiously.

Tariffs are integral to Trump's vision for US economy

Tariffs are integral to Trump's vision for US economy

Rediff.com23 Apr 2025

Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan.

Petitioners seek urgent listing of Waqf pleas, SC to decide

Petitioners seek urgent listing of Waqf pleas, SC to decide

Rediff.com7 Apr 2025

The Supreme Court on Monday agreed to consider listing for urgent hearing the petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2025.

Retail inflation dips to nearly 6-year low of 3.34% in Mar

Retail inflation dips to nearly 6-year low of 3.34% in Mar

Rediff.com15 Apr 2025

Retail inflation dipped marginally to a nearly six-year low of 3.34 per cent in March due to a decline in prices of vegetables and protein-rich items. The Consumer Price Index (CPI) based inflation was 3.61 per cent in February and 4.85 per cent in March last year.

Why India Needs Trump's Tariffs To Reform Again

Why India Needs Trump's Tariffs To Reform Again

Rediff.com10 Apr 2025

India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.

Realtors eye huge profits from modest houses

Realtors eye huge profits from modest houses

Rediff.com16 Jun 2008

Affordable housing, the most neglected segment of the real estate sector, is now attracting large-scale investments from developers as well as private equity funds.

Diabetes Drug Price Drops 90%

Diabetes Drug Price Drops 90%

Rediff.com20 Mar 2025

India is home to more than 100 million diabetics, and the demand for anti-diabetic drugs is on the rise -- the Rs 20,611 crore anti-diabetic drug market in India is growing at 9 per cent or so.

'India Missed Opportunity To Take Back Parts Of PoK'

'India Missed Opportunity To Take Back Parts Of PoK'

Rediff.com14 May 2025

'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'

Mahayuti Win Will Boost Adani's Dharavi Plan

Mahayuti Win Will Boost Adani's Dharavi Plan

Rediff.com23 Nov 2024

The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.

Jamiat too files petition in SC against Waqf (Amendment) Act

Jamiat too files petition in SC against Waqf (Amendment) Act

Rediff.com7 Apr 2025

A fresh plea has been filed in the Supreme Court challenging the constitutional validity of the Waqf (Amendment) Act, 2025, claiming it was a "blatant intrusion" into the rights of a religious denomination to manage its own affairs in the matter of religion. The plea, filed by Samastha Kerala Jamiathul Ulema, argues that the amendments would distort the religious character of Waqfs and irreversibly damage the democratic process in their administration. Several other petitions have been filed in the apex court challenging the validity of the bill, including those by Congress MP Mohammad Jawed, AIMIM president Asaduddin Owaisi, and AAP MLA Amanatullah Khan.

Cheaper housing: Realtors seek cut in taxes

Cheaper housing: Realtors seek cut in taxes

Rediff.com23 Oct 2008

A group of realty players have urged the government to reduce various taxes saying that governments should play the role of facilitator to push affordable housing in the country.

India-Pakistan: 'China Could Create Problems'

India-Pakistan: 'China Could Create Problems'

Rediff.com7 May 2025

'If there is a military standoff eyeball to eyeball on the western border, the Chinese could create problems by making movements in the north, in our northeast, which could involve us tying down some forces there so that could stretch our military actions.'

Budget: Sitharaman promises 80 lakh houses under PMAY in 2022-23

Budget: Sitharaman promises 80 lakh houses under PMAY in 2022-23

Rediff.com1 Feb 2022

Finance Minister Nirmala Sitharaman on Tuesday announced allocation of whopping Rs 48,000 crore for completion of 80 lakh houses under the Pradhan Mantri Awas Yojana (PMAY), both rural and urban, during the next fiscal year. In her budget speech, the minister said: "In 2022-23, 80 lakh houses will be completed for the identified eligible beneficiaries of PM Awas Yojana, both rural and urban. Rs 48,000 crore is allocated for this purpose." The Centre would work with states for reduction of time required for all land and construction related approvals, for promoting affordable housing for middle-class and Economically Weaker Sections (EWS) in urban areas, she said.

Policy to make urban housing affordable soon

Policy to make urban housing affordable soon

Rediff.com4 Apr 2007

The government is finalising a policy for urban areas that will encourage the role of private players to make owning a house affordable in towns and cities.

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Trump's Reciprocal Tariffs Bite Into Apple's India Growth Plans

Rediff.com12 Mar 2025

Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.

'Nobody Has The Right To Criticise My Dance Because Of My Skin Colour'

'Nobody Has The Right To Criticise My Dance Because Of My Skin Colour'

Rediff.com14 Mar 2025

This is the story of a man who fought racism and casteism throughout his life to become a professor of Bharata Natyam at the premier centre for performing arts in India, the Kerala Kalamandalam.

'India Can't Be Left Out of Global AI Policy'

'India Can't Be Left Out of Global AI Policy'

Rediff.com5 Feb 2025

The government wants the AI Summit to give it an early start in becoming part of any global body setting policies for the emerging technology.

'Neena Gupta And I Would Fight A Lot'

'Neena Gupta And I Would Fight A Lot'

Rediff.com12 Mar 2025

'I need to work to find some joy in this life.'

2 mn affordable homes needed by 2011

2 mn affordable homes needed by 2011

Rediff.com13 Aug 2009

Of this, nearly 80 per cent of demand is expected to come from the Rs 300,000-500,000 segment, it said. Over 32 per cent of potential buyers are looking at making purchases in the next 6-12 months. The highest requirement is from Mumbai and the NCR, which require 0.4 million units and 0.54 million units, respectively, with corresponding investment of Rs 64,700 crore (Rs 647 billion) and Rs 87,600 crore (Rs 876 billion).

Housing sales to breach pre-pandemic levels in 2022

Housing sales to breach pre-pandemic levels in 2022

Rediff.com21 Aug 2022

India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.