Urban Housing

Gujarat to get one lakh new houses in five years, govt to announce redevelopment plans

The Gujarat government is all set to announce a 'redevelopment policy' to initiate building of affordable houses in place of old colonies, a senior official said in Ahmedabad on Monday.

Why the Urban Housing Fund will not work

About 85 percent of the Rs 20 lakh home loan, will have to be paid through monthly installments. A quick number crunch shows that this leaves out the 96 percent of those who need the homes.

Good news: India's urban housing shortage has lessened by 25%

Urban housing shortage in India has plunged from 24.7 million at the beginning of the 11th five year plan in 2007 to 18.78 million for the next five year plan from 2012 to 2012, according to a government report.

Easier FDI in real estate means govt is inflating India's urban housing bubble

By opening the floodgates to investors once again, the government is doing the exact opposite of deflating the housing bubble.