Arihant Group to invest Rs 250 Cr in affordable housing project

By Accommodation Times Bureau NOIDA: Arihant Group for developing an affordable housing project in Greater Noida will invest Rs 250 crore. The housing project comprises of 944 units. “The entire investment would be met through internal funding and customer advances”, according to the source. According to Arihant Group, MD - Kaushal Jain, "Housing demand and

CREDAI Maharashtra to review over 25 cities Affordable Housing projects & PMAY

By Accommodation Times Bureau PUNE: In order to review the progress & make awareness of Pradhan Mantri Awas Yojana (PMAY) projects, CREDAI Maharashtra President Shantilal Kataria will undertake a Maharashtra tour of more than 25 cities across the state to spearhead the construction works under PMAY scheme/ affordable housing starting from January

Affordable Housing Policy 2018 for area falling under Municipal Limits approved

By Accommodation Times Bureau CHANDIGARH: Haryana Cabinet on Thursday approved the ‘Affordable Housing Policy (PMAY)  2018’ for area falling within Municipal Limits (outside core limits) to achieve the motive of Housing for all and to maximise the benefit to the intended beneficiaries identified in the PMAY. The policy will encourage the planning and

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

ART Affordable Housing Finance joins Rs 100 Cr loan disbursal per month club

By Accommodation Times Bureau MUMBAI ART Affordable Housing Finance (I) Limited (AAHF) on Thursday announced that it has crossed INR 100 Crore affordable home loan disbursal in the month of March 2018 and joining the league of Housing Finance Companies that disburse an amount of hundred crores in loans in a month. In March

Best Affordable Housing Project of the Year: 32nd National Real Estate Awards

By Accommodation Times Bureau Best Affordable Housing Project of the Year has won by Sanghvi Golden City, Atgaon, a project by Sanghvi Parsva Group of Companies, Mr. Ramesh Sanghvi, CMD, Sanghvi Parsva Group of Companies received the award from Shri. Amit Wadhwani and Miss Swati Nanda Wadhwani. The developers have provided the affordable

PNB Finance plans to raise USD 400 million for affordable housing

By Accommodation Times Bureau NEW DELHI To fund affordable homes, PNB Housing Finance plans to raise $400 million via masala bonds. PNB Housing Finance is a subsidiary of Rs 11,400 crore scam-hit Punjab National Bank. According to market sources, World Bank’s arm IFC has agreed to underwrite $150 million from its own funds while