21.97 Lakhs houses completed under PMAY

By Accommodation Times Bureau PIB Release: A press report published in The Times of India on 22nd Mar 2018 under the heading “PM Awas Yojana: Only 8% target met under Urban housing scheme”is misleading. The figure of “8% target met “was derived by using only the ‘houses completed data’ which is an incorrect application of statistics. The

Budget 2018 misses imp amendments in Real Estate Sector: Realty Players

By Accommodation Times Bureau MUMBAI The Union Minister for Finance and Corporate Affairs, Arun Jaitley, announced Rs.14.34 lakh crore to be spent in 2018-19 for the creation of livelihood and infrastructure in rural areas which is the highest amount to be invested in 2018-19. “As my proposals outlined indicate, the focus of the

Indiabulls Finance raises Rs 315 crore for affordable housing sector

By Accommodation Times Bureau NEW DELHI A home-loan provider firm, Indiabulls Housing Finance Limited (IBHFL) has raised about Rs 315 crore via masala bond, IBHFL said in a statement on Wednesday. The company stated in a statement that, the Indian currency denominated bond proceeds will be used for financing the affordable housing sector. “This

Assam Govt to build 83k houses under new policy

By Accommodation Times Bureau GUWAHATI The Government of Assam said for the financially weaker section of the society it would build 83,000 houses in urban areas under a new Affordable Housing Policy. The Chief Minister Sarbananda Sonowal has ordered the Urban Development Department to prepare the policy at the earliest. An official release said,

Policy for rental accommodation, affordable housing soon in Punjab

By Accommodation Times Bureau CHANDIGARH The government of Punjab is working on two scheme these includes rental accommodations and affordable housing site across the state for the benefit of seniors and students seeking affordable rental accommodation in Punjab. As part of the concept for affordable housing, the push will be on making smaller

MoHUA approves construction of 5, 45,090 new houses under PMAY (U)

By Accommodation Times Bureau NEW DELHI Ministry of Housing & Urban Affairs (MoHUA)  has approved the construction of 5,45,090 more affordable houses for the benefit of urban poor under Pradhan Mantri Awas Yojana (Urban) with an investment of Rs. 31,003 cr with central assistance of Rs. 8,107 cr. The approval was given

Emperium Realty Pvt Ltd Launches Panipat’s First Affordable Housing

By Accommodation Times Bureau Haryana Emperium Realty Private Limited, NCR’s most heralded debutant in the affordable housing space has launched Emperium Happy Homes near Model Town in Panipat. Floated under Pradhan Mantri Awas Yojna (PMAY), Emperium Happy Homes promises an affordable, vibrant lifestyle close to businesses, retail shops, schools, and public transportation. Spread