How have suburbs become an affordable housing hub from the industrial hub?

By Rohit Poddar, Managing Director of Poddar Housing and Development Ltd MUMBAI The clouds of Mumbai suburbs have witnessed major changes in the past few years in terms of infrastructure and residential spaces. A decade back places like Ambernath, Badlapur were only known for the rapid presence of small and medium industries

State to regulate houses built on its lands

By Accommodation Times News Service KALYAN Major relief to people residing in Ambernath and Kalyan on government lands, Cabinet on September 4 cleared the proposal to regularize all these buildings. The residents would be required to pay 62.5 per cent of the cost who are staying in houses built on government land,

Maha govt considers uniform DCR for Civic bodies in MMR

By Accommodation Times Bureau MUMBAI The Minister Ranjit Patil on Wednesday told the Legislative Council that, the Maharashtra government is taking into account for preparing uniform Development Control Rules (DCR) for all municipal corporations falling under the Mumbai Metropolitan Region (MMR). The government is formulating for all eight municipal corporations which are falling under

One step closer to “Housing for All” vision of PMAY

By Mitali Joshi Accommodation Times Bureau The Pradhan Mantri Awas Yojana initiated by the Prime Minister Narendra Modi, implemented in the year 2015 who envisions to construct more than 2 crore houses and dispense to the economically weaker section population in the course of seven years from 2015 to 2022. Initially, the

Mhada’s officer selling homes door to door

By Accommodation Times News Service Government’s nodal agency MHADA is lefting no stone unturned to provide homes to the masses. But it seems that the every move it is taking is going in vain excepts for the lottery A very poor response from the people registering to buy homes under the

Mhada conducts survey to know housing requirements of citizens: PMAY

By Accommodation Times News Services Following the central government’s ambitious mission ‘Housing for All by 2022’ Maharashtra Housing and Area Development Authority (MHADA) the nodal agency for constructing affordable homes under Pradhan Mantri Awas Yojana (PMAY) has commenced a survey to know the requirement of homes in the state. To get an

Real Estate Barometer : For 5th Nov to 20th Nov

By Accommodation Times Research Mumbai : The market is total dead as far as premium segment residential housing. Flats above Rs.1 cr very hard to sell. Its total buyers' market. A discount of almost 45% on the MRP is happening. Sellers selling one or two units periodically to sustain while larger

Affordable Housing more in NPA list

Accommodation Times News Services By Dr Sanjay Chaturvedi Non Performing Assets (NPA) is flooded in newspaper notices to recover bad loans by banks. Huge stock of budget housing / Affordable housing is in NPA. Public notices and recovery ads or repossession of property ads for such smaller denomination is increasing. Locations like