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

Recommendations made by the GST Council for the Housing Sector to promote Affordable Housing

By Accommodation Times Bureau In its 25th Meeting held on 18th January, 2018, the GST Council had made several important recommendations for the Housing Sector which have come into force with effect from 25th January, 2018. The recommendations are expected to promote affordable housing for the masses in the country.   One of the important recommendations made

Prestige Estates Projects enters into deal with HDFC Capital Advisors to form affordable housing segment

By Accommodation Times Bureau MUMBAI The Prestige Estates Projects has entered into an agreement with HDFC Capital Advisors to expand its business and to support affordable housing  segment, the company release stated. This real estate platform will have a capital of Rs 25 billion and will be a blend of equity and debt. The