Housing For All

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"