Finance ministry officials and the officials of Reserve Bank of India plan to hold a meeting in this week. This is to discuss about relaxing the ECB norms for boosting the affordable housing. The finance ministry and the Central Bank plan to initiate some relaxations in the ECB norms. By this, they aim to boost affordable […]
The increased allocation for highways and other infrastructure projects will help boost development of Mumbai’s outskirts and increase the supply of housing units there. This will result in price stability and affordability over the long term. The investment-linked deduction of capital expenditure in affordable housing, proposed to be raised to 150% from 100%, will also […]
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Posted in Property News
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Also tagged Boisar, Budget 2012, Delhi-Mumbai Industrial Corridor project, Dombivili, external commercial borrowings (ECBs), Global Financial Crisis, Infrastructure Projects, Karjat, Mumbai's outskirts, Mumbai's real estate, Nalasopara, Positive effect, real estate private equity investors, Venture Capital Fund (VCFs), Virar
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September 18, 2008 – 7:12 am
City-based Vakil Housing Development Corporation has become the latest entrant into the market to develop affordable homes as the real-estate industry tries to cope with a downtrend in demand. A senior official of the company said that the move is part of its strategy to increase its residential real estate development footprint across the southern […]
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Also tagged Affordable Housing, Bandwagon, Co Director, Footprint, Foray, Housing Development Corporation, Housing Ministry, Housing Projects, Income Groups, Land Co, Launch, Metros, Mohammad Ali, Outskirts, Real Estate Development, Residential Development, Residential Real Estate, Residential Real Estate Development, Rs 40, Square Feet
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Setting a good example of how demand shapes supply, even in the real estate sector, a Kolkata-based developer had taken a decision to venture into unexplored territory with the city’s first luxury studio apartment block with full-service back-up. The city-based Siddha Group will construct a sixty crore rupees dedicated block with three hundred fourteen luxury […]
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Also tagged Apartment In New York, Apartment Project, Construction, Construction Quality, Income Group, Kolkata, Luxury Studio Apartments, Property Consultant, Real Estate Sector, Sanjay Jain, Studio Apartment
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February 1, 2008 – 1:39 am
Year 2008 has some excellent news in store for private developers and middle-income home buyers. For, minister of state for urban development Ajay Maken has freshly started the procedure of providing ground to private developers in Delhi with 40% floor space index (FSI) for developing low-cost housing. “With this move, private developers can use surplus […]
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Also tagged Affordability, Floor Space, Fsi, Housing Projects, Metros, Middle Class, Minister Of State, Model Act, Model Bill, Private Developer, Private Developers, Real Estate, Regulatory Body, Residential Projects, Residential Property, Space Index, Surplus Land
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