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

Shapoorji Pallonji enters into affordable housing segment

By Accommodation Times News Services The Shapoorji Pallonji Group enters into affordable housing segment with a new brand Joyville, under this name the company will construct affordable homes only. In the first phase the company plans to build 20 million sq ft of residential affordable space with around 20,000 units in

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

IIFL Home Finance Ltd creates platform to promote green affordable homes

KUTUMB is an extension of social and environmental initiatives taken by IIFL Home Finance Limited— such as affordable housing loans, Swachh Bharat and Women Education and Empowerment By Accommodation Times Bureau One of India’s largest HFCs, IIFL Home Finance Limited recently created ‘KUTUMB’, a platform to promote benefits of green architecture in

Constructive Move to Accomplish Goal of ‘Housing for All by 2022’: Dr Niranjan Hiranandani

By  Dr. Niranjan Hiranandani, CMD, Hiranandani Communities MUMBAI Recently, the Reserve Bank of India (RBI) announced a policy decision, revising housing loan limits for Priority Sector lending (PSL) eligibility, from the existing Rs. 28 lakh to Rs. 35 lakh in metros, and from Rs. 20 lakh to Rs. 25 lakh in other