Finance Minister, Nirmala Sitharaman, in the Union Budget 2019-20, informed that the construction of public infrastructure and affordable housing would be taken up through innovative instruments such as joint development and concession. The government seems enthusiastic in introducing innovative ways to monetize assets of loss-making Central Public Sector Enterprises (CPSE). Read more…
In what comes as a positive news for homebuyers and developers alike, Bangalore has emerged as the frontrunner in terms of housing demand and supply. Bangalore witnessed an increased demand for housing properties from IT-ITeS sector and start-ups according to ANAROCK Property Consultants. Housing sales stood at 11,500 units Read more…
The real estate sector is buzz with affordable housing projects these days due to the government’s mission to provide affordable housing for all by 2022 under the Pradhan Mantri Awas Yojana(PMAY) scheme. The scheme provides Credit Linked Subsidy (CLSS) on home loans on investing in an affordable housing. Bigger Read more…
Interest subsidy on home loans as per Pradhan Mantri Awas Yojana(PMAY) scheme is triggering launch of a number of Affordable Housing Projects(AHP) across the country. Bangalore is not left behind in this development. Below is a list of 17+ such real estate projects in different parts of Bangalore. You can Read more…
Government has once again increased the maximum carpet area limit for MIG I/II categories for the coveted Pradhan Mantri Awas Yojana (PMAY) scheme on 12 June 2018. This revision has happened multiple times in the past with previous revision happening in Nov 2017. This article covers everything you need Read more…