The Reserve Bank of India has made it easier for property developers to access foreign money in an effort to spur low-cost housing projects, such as slum rehabilitation. The RBI has extended the limit of $1 billion that can be borrowed through the external commercial borrowing (ECB) scheme to the 2014-2015 financial year from this year. #Low-Cost Housing#PolicyWatch#ECB#Real estate
Five years ago, the Delhi government completed the construction of 14,000 houses meant for the economically weaker sections of the society. Today, the flats are still empty and show signs of wear and tear without any power or water supply facility in the complex. #CAG#New Delhi#NumberCrunching#Low-Cost Housing#Real estate#EWS#s
There are many reasons to buy your first home, including dozens of financial benefits and lifestyle benefits. And right now, it’s a buyer’s market; interest rates are still low, hitting 4.34% for a 30 year fixed loan this month. According to the late...
Too many low-pay, low-skill and low-productivity jobs in low-investment workplaces are hampering the chances of a recovery we can all share in, writes the TUC general secretary The statistics may tell us that growth has returned and that we are in th... #United Kingdom#National Health Service