Rajiv Awas Yojana to begin in 250 Cities

By A T Bureau. States Want Liberal Financial Norms given the Fund Constraints of States / Urban Local Bodies A one day conference on Rajiv Awas Yojana (RAY) with the State Ministers of Housing, Urban Development, Municipal Administration and Local Self Government was organised by the Union Ministry of Housing and

Phase-I of Rajiv Awas Yojana approved

In pursuance of the announcement made in June 2009 of creating a 'Slum-Free India' the Cabinet Committee on Economic Affairs has approved the launch of the Phase-I of Rajiv Awas Yojana (RAY) to provide financial assistance to States that are willing to assign property rights to slum dwellers for provision

FUND RAISING AVENUES FOR HFC’s

Introduction Housing funds In the next five years the demand predicted for housing is 33 billion incremental i.e. 6.6 million per year as against the availability of 3 million houses at present. With successful improvement in infrastructure, there will certainly be few more million added to the above 33 millions. This gives

Property prices fell after note ban, likely to go down further: Economic Survey 2017

By Accommodation Times News Bureau. Real estate prices have fallen following the demonetisation move and are likely to go down further as investing undeclared income in real estate will become difficult, says the Economic Survey. One of the aims of demonetisation was bringing down real estate prices, chief economic adviser Arvind Subramanian said after the economic

Rent Control Legislations and Its Impact on Economies

Accommodation Times Archives By Yashashree Kulkarni Not all of us can afford to buy a home as this means a huge investment. Thus, one opts to rent accommodation in one''s place of employment. Many of us live in rented apartments and pay a regular fixed amount of money every month to a

Getting ‘Real’ About Failed Monsoons

By Accommodation Times Bureau By Subhankar Mitra, Head – Strategic Consulting (West) Jones Lang LaSalle India The annual monsoons have always been perceived both as a rural blessing and an urban curse – they are good news for the agrarian sector and the bane of water-logging prone cities. However, this caricatured

TERI and HUDCO sign MoU for promotion of Green Buildings & Energy Conservation in Urban Sector

New Delhi: 13 September, 2011 The Energy and Resources Institute today signed a Memorandum of Understanding (MoU) with Housing And Urban Development Corporation Ltd (HUDCO) to encourage energy conservation in urban areas /cities. Energy conservation is a key issue for India with its power and energy shortages. There is a growing concern

Houses for Urban Poor

By A T Bureau The Technical Group constituted by the Ministry in 2006 to assess the urban housing shortage in the country has estimated that at the end of the 10th Five Year Plan (2007-08), the total housing shortage in the country for the 663 lakhs households in urban areas taking

Realty Sector needs to be more Sensitive and Price their Products Appropriately: FM

Finance Minister’s Speech at 10th National Convention of Confederation of Real Estate Developers’ Associations of India New Delhi 16th Dec, 2010: Union Finance Minister Shri Pranab Mukherjee said that UPA Government is committed for urban renewal in the country as it is critical for realising our objective of inclusive growth

LICHF : A case of Graft & Misuse of Powers – says CREDAI

The resurgent Indian real estate market which has the capacity and capability to positively impact the GDP is always made to oscillate between periodical ups and downs. The current faith in the Indian economy has been exhibiting a positive trickle down effect in the Indian real estate market which,