Affordable Housing

Affordable housing to be worst hit as COVID-19 lockdown halts works; property rate cut unlikely to spur demand: Experts

Sanjay Dutt, managing director and chief executive officer of Tata Realty and Infrastructure, said developers have been absorbing rising labour costs, interest costs and raw material costs.

Economic Survey 2019-20 highlights: GDP growth to rebound in FY21, share of formal employment rises; 2.62 cr new jobs created

India's economic growth is expected to "strongly rebound" to 6-6.5 percent in 2020-21 from 5 percent estimated in the current fiscal, the Economic Survey said on Friday, adding that the government with a strong mandate has the capacity to expedite reforms

Economic Survey 2020: India needs to spend $1.4 trillion on infrastructure during FY2020-2025 to reach $5 trillion economy

To spur economic growth and achieve $5 trillion economy, India needs to spend about $1.4 trillion on the infrastructure sector during FY2020-2025, the Economic Survey tabled in Parliament said on Friday

Budget 2020: From initiatives to boost consumption, promote growth, here's a slew of expectations from Nirmala Sitharaman

When it comes to saving instruments, the types of instruments where relief for interest earned is available is different for different categories of taxpayers, adding complicity to tax laws and making it burdensome for the average taxpayer

India's buildings sector to expand by 6.6% next year driven by fiscal support, govt policies on housing market: Fitch

With funds more readily available, it expects a portion of stalled housing projects to resume construction, and this will feed into its forecasts for India's buildings sector growth in the short-term.

Nirmala Sitharaman's support for realty indicates Narendra Modi govt's willingness to get into micro details to revive growth in other sectors

The present decision to open a new window for finance is hence quite timely and should address to a large extent the woes of the real estate segment

Nirmala Sitharaman announces Rs 25,000 cr bailout fund to complete over 1,600 stalled housing projects

In a major boost to the housing and real estate sector, the government on Wednesday approved setting up of a Rs 25,000 crore bailout fund to finance 1,600 stalled housing projects, the Finance Minister Nirmala Sitharaman said

Realty stocks jump up to 8.2% on Rs 25,000-cr fund booster to complete 1,600 stalled housing projects

Realty stocks closed up to 8.2 percent higher on Thursday after the government approved a Rs 25,000 crore fund for 1,600 stalled housing projects, which is expected to jumpstart consumption and give a boost to real estate and allied sectors

Homebuyers can approach banks for loan revival; Rs 25,000-cr fund not for projects facing litigation in higher courts: Govt

A day after announcing a Rs 25,000-crore stress fund for stalled housing projects, the government on Thursday advised homebuyers to approach lenders for additional borrowing or revival of their loans, while clarifying that projects facing litigation in higher courts will not be covered under the scheme

Emaar Properties bullish on Indian realty sector; eyes to develop joint venture projects, new markets

In 2005, Emaar Properties entered the Indian real estate market in partnership with MGF group and invested Rs 8,500 crore through joint venture Emaar MGF Land Ltd.