News for 'affordable housing'

What Mahabali Won't Hear

What Mahabali Won't Hear

Rediff.com13 Sep 2024

Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.

Juned's Journey: From Driving Autos To Winning Irani Cup

Juned's Journey: From Driving Autos To Winning Irani Cup

Rediff.com22 Oct 2024

From working in a garment factory, selling bread, and driving an autorickshaw, the 24-year-old fast bowler's path to representing domestic giants Mumbai was anything but easy.

Planning To Buy A House In 2023? Take A Plunge

Planning To Buy A House In 2023? Take A Plunge

Rediff.com11 Jan 2023

End users should take the plunge despite higher home loan rates as these tend to be cyclical.

Tyger Capital to list by next year, targets Rs 20,000 crore book

Tyger Capital to list by next year, targets Rs 20,000 crore book

Rediff.com12 Jul 2024

Bain Capital-backed Tyger Capital is planning to list its shares on the Indian stock exchanges by the next financial year and is targeting to grow its assets under management by four times to Rs 20,000 crore in five years from Rs 5,000 crore now, Gaurav Gupta, MD and CEO of the firm said. In an exclusive interview, Gupta said that keeping with the growing business, the finance company expects to on-board 600 people in the current financial year as it is opening 60-65 new branches for broad-basing its network in the country.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

India's top 7 cities register record housing sales in 2022

India's top 7 cities register record housing sales in 2022

Rediff.com27 Dec 2022

Housing sales hit an all-time high this year to nearly 3.65 lakh units across seven major cities, beating the previous high of 2014, on strong demand for residential properties despite a hike in mortgage rates, according to Anarock. The prices of residential properties have risen in the range of 4-7 per cent primarily due to an increase in the input costs and demand comeback post-COVID, it said. Releasing the demand-supply data of India's top residential primary (fresh sale) markets, property consultant Anarock said that the housing sales rose 54 per cent this year to 364,900 units as against 236,500 units in 2021 across the seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.

When Mahatma Gandhi Gave British Sleepless Nights

When Mahatma Gandhi Gave British Sleepless Nights

Rediff.com2 Oct 2024

Government was watching Gandhiji's mood to know if he had cooled down. They found out from his letters and utterances that he was the same old firebrand and even more determined than before.

10 Indian-Americans win state, local polls in US

10 Indian-Americans win state, local polls in US

Rediff.com9 Nov 2023

At least 10 Indian-Americans, almost all of them Democrats, have won local and state level elections held in several parts of the country, reflecting the growing political empowerment of the ethnic community that constitutes a little over one percent of the United States' population.

IPO Boom Fuel Investment Bankers' Fortunes

IPO Boom Fuel Investment Bankers' Fortunes

Rediff.com21 Aug 2024

So far this year, bankers have earned Rs 1,226 crore for handling 45 IPOs, which together mobilised Rs 48,363 crore.

Sale of affordable homes improving; signalling recovery in real estate sector: Survey

Sale of affordable homes improving; signalling recovery in real estate sector: Survey

Rediff.com29 Jan 2021

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 of residential property prices observed within a geographic boundary. The NHB-RESIDEX captures two housing price indices -- HPI@ Assessment Prices and HPI@ Market Prices - Under Construction Properties based on the data available for 50 cities with quarterly updation.

Dadra And Nagar Haveli: How The Portuguese Were Defeated

Dadra And Nagar Haveli: How The Portuguese Were Defeated

Rediff.com26 Sep 2024

They realised that the Portuguese were better prepared to defend Daman than Dadra and Nagar Haveli. If reinforcements from Daman were to reach Silvassa, there was no chance of defeating the Portuguese. They decided that cutting Daman's communication lines would have to be their top priority before attacking Silvassa. A fascinating excerpt from Neelesh Kulkarni's new book, Uprising-The Liberation of Dadra and Nagar Haveli.

BJP releases manifesto for LS polls: No NRC in 'Modi ki guarantee'

BJP releases manifesto for LS polls: No NRC in 'Modi ki guarantee'

Rediff.com14 Apr 2024

Prime Minister Narendra Modi made a pitch for electing a strong and stable government in an uncertain world beset by geopolitical tensions as the Bharatiya Janata Party on Sunday released its manifesto, prioritising development and welfare while shunning populist measures and contentious issues like the National Register of Citizens (NRC).

Regulators should not encourage 'lazy housing finance': Deepak Parekh

Regulators should not encourage 'lazy housing finance': Deepak Parekh

Rediff.com5 Jul 2018

It is, thus, logical that some compensation is paid to a lender, especially when a customer is poached within two years, Parekh noted.

Adani to give 350 sq ft flats to Dharavi residents

Adani to give 350 sq ft flats to Dharavi residents

Rediff.com15 Jan 2024

The Adani group on Monday said it will offer eligible residents of the Dharavi slum clusters new flats measuring 350 sq ft. The Adani group, which is redeveloping Dharavi slums in collaboration with the Maharashtra government, claimed the flat size was "17 per cent more" than what is offered as part of slum redevelopment projects. The new flats will have a kitchen and toilet, Adani said in a statement, adding that earlier, the dwellers of informal settlements were given houses measuring 269 sq ft.

How extreme heat affected Delhi street vendors

How extreme heat affected Delhi street vendors

Rediff.com14 Jun 2024

Seven out of eight women street vendors reported experiencing high blood pressure, while women in the middle age group raised concerns about delays in their menstrual cycles due to the extreme heat.

This is a merger of equals: HDFC chief Deepak Parekh

This is a merger of equals: HDFC chief Deepak Parekh

Rediff.com4 Apr 2022

The country's largest housing finance company HDFC Ltd will merge with the country's largest private sector lender HDFC Bank, according to a regulatory filing. The scheme of amalgamation will be subject to various regulatory approvals, including from the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi), HDFC Bank said in the filing on Monday.

Where Have The Goldsmiths Disappeared?

Where Have The Goldsmiths Disappeared?

Rediff.com30 Aug 2024

Kurumbur in gold-loving Tamil Nadu was once a thriving centre for goldsmiths. Today their number is down to two.

NC-Congress Ahead, BJP Second In J&K Poll

NC-Congress Ahead, BJP Second In J&K Poll

Rediff.com2 Sep 2024

The PDP looks a distant third in the race, observes Mohammed Sayeed Malik, the distinguished commentator on Kashmir politics.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Ambani unveils growth roadmap for Reliance

Ambani unveils growth roadmap for Reliance

Rediff.com29 Aug 2024

Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.

HDFC's exit to ease fund-raising conditions for high-rated finance firms

HDFC's exit to ease fund-raising conditions for high-rated finance firms

Rediff.com27 Mar 2023

Highly-rated finance firms and housing finance companies are expected to benefit from the absence of Housing Development Finance Corp (HDFC) from the bond market once it merges with the HDFC Bank in early FY24. Post merger, the bond market is expected to become less crowded, which will ease fund raising conditions for other players in the field. It may perhaps also compress the spread for debt instruments floated by housing finance companies (HFCs) over 10-year government bonds, subject to demand and supply conditions.

How To Become A Crorepati: 15x15x15

How To Become A Crorepati: 15x15x15

Rediff.com28 Aug 2024

Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how

Housing for all: Good plan but tough to execute

Housing for all: Good plan but tough to execute

Rediff.com19 Jun 2015

Currently, there's a shortfall of 23 million houses in India.

'Why Must I Put My Head On A Chopper?'

'Why Must I Put My Head On A Chopper?'

Rediff.com18 Sep 2024

'Once in a while, I flirt with the idea of direction.' 'If I direct, it will be a human story that touches me.' 'I'm nervous of forcing myself into making a socially relevant film.'

She Came, She Saw, She Conquered!

She Came, She Saw, She Conquered!

Rediff.com11 Sep 2024

'The consensus was that the debate was between looking backward and looking forward.' 'Trump, with his great enamourment of his own 'achievements,' was obviously looking backward, while Harris, nearly 20 years his junior, was focussing on the future, with hope,' notes Shreekant Sambrani.

Manipur football dreams torn apart by ethnic clashes

Manipur football dreams torn apart by ethnic clashes

Rediff.com24 May 2024

ESU coach Ngampao Kipgen, a member of the Kuki tribe, told Reuters he was forced to flee to the hills with his family after his house was burned down.

Relaxed FDI norms to boost low cost housing

Relaxed FDI norms to boost low cost housing

Rediff.com11 Jul 2014

Income from renting of properties is taxed at a flat rate of 10%.

Unsold real estate projects may become affordable now

Unsold real estate projects may become affordable now

Rediff.com14 Nov 2016

Demonitisation will facilitate transparency in the real estate industry, which has had a notorious reputation as a safe locker for black money, says Saket Mohta.

Buying a house this festive season?

Buying a house this festive season?

Rediff.com2 Nov 2021

Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.

In home and office, India's real estate market is charting a course for growth

In home and office, India's real estate market is charting a course for growth

Rediff.com8 Jun 2024

India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).

How To Deal With Rising Rents

How To Deal With Rising Rents

Rediff.com19 Feb 2024

While tenants can't escape the impact of rising rentals entirely, they can adopt a few strategies to reduce the impact.

Sitharaman's pre-election budget shuns populism, boosts infra spend

Sitharaman's pre-election budget shuns populism, boosts infra spend

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.

Electoral Bonds: The Quid Pro Quo Factor

Electoral Bonds: The Quid Pro Quo Factor

Rediff.com3 Apr 2024

Which entrepreneur would willingly part with her or his hard-earned money for grasping, self-serving politicians? asks Debashis Basu.

The Cult of Mithun Chakraborty

The Cult of Mithun Chakraborty

Rediff.com30 Sep 2024

National-award winning actor, producer, hotelier, ex-politician, cricket team owner, philanthropist, highest tax payer, reality show judge, animal lover and, above all, people's hero -- Mithun Chakraborty -- who has been conferred the Dadasaheb Phalke Award -- is truly a force of nature, notes Sukanya Verma.

Home prices hit roof, but affordability near its best: HDFC

Home prices hit roof, but affordability near its best: HDFC

Rediff.com17 May 2015

Home prices firm up in 2015 in India.

Want to buy a home? Shift to a less costly city

Want to buy a home? Shift to a less costly city

Rediff.com13 Aug 2009

A study of households with an annual income of Rs 3 lakh (Rs 300,000) to Rs 10 lakh (Rs 1 million) in seven cities shows substantial variations in the type of houses they can afford to buy.

Prez okays Haryana's cow protection Bill

Prez okays Haryana's cow protection Bill

Rediff.com12 Nov 2015

With the 'Gauvansh Sanrakshan and Gausamvardhan Bill' turning into a law, cow slaughter in Haryana will now attract a rigorous imprisonment ranging from three years to 10 years.

'An Actor At The Top Of His Game'

'An Actor At The Top Of His Game'

Rediff.com2 Sep 2024

'At his wedding with Patralekha, I officiated as the groom's father as Raj has lost both parents, and that's the relationship we share today.'

'Nothing alarming about fall in financial savings yet'

'Nothing alarming about fall in financial savings yet'

Rediff.com25 Sep 2023

'As long as economic growth remains steady, creating jobs and generating stable incomes, the rise in home loans should not create problems.' 'If the growth trajectory changes course over the medium term and interest rates rise along with inflation, the expanding trend in home loans may not sustain.'