Housing For All
Housing For All News

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

Economists couple Abhijit Banerjee, Esther Duflo share Nobel with Michael Kremer: Indian-American a champion of free institutions for strong economies, poverty alleviation
Banerjee has been quite vocal about the serious state of the Indian economy

Industry, stock market experts term Sitharaman's corporate tax cut 'revolutionary', say will make Indian firms globally competitive
In a major fiscal booster, the government on Friday slashed effective corporate tax to 25.17 percent inclusive of all cess and surcharges for domestic companies.

Lok Sabha Speaker Om Birla calls for strengthening real estate sector to spur economic growth
Lok Sabha Speaker Om Birla on Monday asked real estate developers to deliver apartments to homebuyers on time without compromising on the quality, while stressing on the need to strengthen the sector for faster economic growth and employment generation

Union Budget 2019: Realty players seek measures to tackle liquidity crunch to achieve target of 'Housing for All' by 2022
The government should take steps to increase liquidity in the system in the upcoming budget to give a boost to cash-starved real estate sector and achieve 'Housing for All' by 2022, according to property developers and consultants

‘Will leave no stone unturned to fulfil every housing dream': Narendra Modi celebrates four years of Awas Yojana, AMRUT schemes
Prime Minister Narendra Modi on Tuesday said his government is committed to further improving urban infrastructure and will leave no stone unturned to fulfili the dream of housing for all. Modi had launched the Pradhan Mantri Awas Yojana to provide affordable housing to the urban poor. The Atal Mission for Rejuvenation and Urban Transformation aims at giving basic civic amenities to improve the quality of life for all.

RBI announces hike in limits for cheaper loan for affordable housing; raises red flag on small ticket housing loans
The RBI said after a careful analysis of the housing loans data, it has been observed that the level of NPAs for the ticket size of up to Rs 2 lakh has been high and is rising briskly.

No job creation road map set up by PM's economic advisory council so far, says Rao Inderjit Singh
Apart from job creation, the Council has held three meetings so far and deliberated on wide ranging issues including review of macro-economy

Central govt staff can now get Rs 25 lakh advance for new homes at 8.5% simple interest rate
A Rs 25 lakh home loan from a bank for 20 years will mean a customer pays up Rs 26.50 lakh as interest; if it is house building advance, the interest amount will be just Rs 15.84 lakh

ICICI Bank, HDFC too cut home loan rate to match SBI in boost for Housing for All scheme
To stay in competition, other lenders in private and public sector space will also have to cut home loan rate

Fillip to affordable housing: SBI cuts home loan rates by 25 bps to 8.35% for loans under Rs 30 lakh
With a home loan book of Rs 2.23 trillion, SBI leads the segment with 25-26 percent market share

Provident fund rules tweaked: Subscribers can buy house, pay home loan EMIs from retirement savings
Other measures such as Pradhan Mantri Awas Yojana (Urban) was also recently introduced by the government giving a boost to the housing sector aimed at middle-income groups

Home loan interest rates too high, reluctance to borrow affects buying, study finds
The report says that almost half of millennials (46 percent) in India live with parents than in rented (31 percent) and self-owned homes, reflecting their financial dependence.

Interest subsidy scheme for housing gives preference to women: 10 points to know
The scheme has a preference for women with "overriding preference to widows, single working women, persons belonging to scheduled castes and scheduled tribes, backward classes, differently abled and transgender people"

Modi's housing for all scheme fails to get private players; why govt needs to streamline approval process
Even though the government has laid the road by providing a new eco-system of opportunities for developers at the bottom and middle level of the pyramid, private developers still remain reluctant to the scheme

Will stamp duty on affordable housing be revoked? Centre asks states to abolish it
Venkaiah Naidu said the ministry has also recommended that the real estate sector should be taxed at a rate "which is revenue neutral and not at a higher tax rate"

Budget 2017: With home litigation cases piling up, govt needs to strengthen judicial framework
Home buyers from this upcoming budget 2017 are expecting reduction in high finance cost and stamp duty charges

Housing for All: Govt to build nearly 2.95 crore rural houses by 2022
The programme is a key promise in the Bharatiya Janata Party's manifesto for the Lok Sabha elections in 2014

Budget 2016 will accomplish 'housing for all' dream, hails PM Modi
PM Modi on Monday hailed his Finance Minister Arun Jaitley for the poor-friendly general budget that will also fulfil their dream of owning a house

Budget 2016: Proposals should assuage realty sector’s pain points
To strengthen the realty market, while a number of programmes have been already earmarked for the sector such as, Housing for all by 2022, Smart cities and REITS, not much headway has been made regarding these.