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Union Cabinet approves PMAY-U 2.0 with ₹2.30 lakh crore housing assistance
4 months, 2 weeks ago

Union Cabinet approves PMAY-U 2.0 with ₹2.30 lakh crore housing assistance

Hindustan Times  

The Union Cabinet has approved the Pradhan Mantri Awas Yojana-Urban 2.0 under which financial assistance will be provided to one crore urban poor and middle-class families through states and Union Territories to construct, purchase, or rent a house at an affordable cost in urban areas in five years. Union Cabinet approves PMAY-U 2.0 with ₹ 2.30 lakh crore housing assistance. …

Housing Families House Cabinet Lakh Affordable Ews
Budget 2024: 5 Things the real estate sector looks forward to from the finance minister
5 months ago

Budget 2024: 5 Things the real estate sector looks forward to from the finance minister

Hindustan Times  

Budget 2024 will be presented by Finance Minister Nirmala Sitharaman today and the real estate sector hopes that the government will focus on affordable and middle income housing in the Budget. The real estate sector hopes that the government will push for affordable and middle income housing in Budget 2024. The government should raise the deduction limit for interest payment …

Finance India Tax Land Estate Real Lakh
Real estate sector hopes for continued govt support for affordable housing, increase in corpus for SWAMIH Fund in Budget
5 months, 3 weeks ago

Real estate sector hopes for continued govt support for affordable housing, increase in corpus for SWAMIH Fund in Budget

Hindustan Times  

With the Union Budget 2024-25 set to be tabled next month, the real estate sector hopes that interest stimulants previously extended to homebuyers and developers of affordable housing that have expired in the last two years would be renewed to give a boost to the segment. With the Union Budget 2024-25 set to be tabled next month, the real estate …

Homes Credit Budget Urban Fund Estate Real
Modi 3.0: Cabinet’s nod to 3 crore rural and urban homes under PMAY to help revive the affordable housing segment
6 months, 1 week ago

Modi 3.0: Cabinet’s nod to 3 crore rural and urban homes under PMAY to help revive the affordable housing segment

Hindustan Times  

Hours after taking office for a third consecutive term, Prime Minister Narendra Modi's new Union Cabinet announced its first major policy decision to provide assistance for the construction of an additional three crore rural and urban houses under the Pradhan Mantri Awas Yojana. This, say real estate experts, is aimed at ensuring continuity to the Housing for All scheme and …

India Real Estate Housing Construction Rural Cabinet Scheme
Real Estate Budget 2024: Focus on infrastructure, new housing scheme for the middle class
10 months, 3 weeks ago

Real Estate Budget 2024: Focus on infrastructure, new housing scheme for the middle class

Hindustan Times  

Finance minister Nirmala Sitharaman said on February 1 that the government will launch a housing scheme for the middle class to buy or build their own houses and it will be constructing close to 2 crore homes under the PMAY rural scheme, a move that is expected to give a push to the Housing for All agenda. Real estate experts …

India Real Estate Infrastructure Housing Development Budget Urban
Real Estate Budget 2024: Govt to launch housing scheme for the middle class
10 months, 3 weeks ago

Real Estate Budget 2024: Govt to launch housing scheme for the middle class

Hindustan Times  

The government will launch a housing scheme for middle class to buy or build their own houses, finance minister Nirmala Sitharaman said in her Budget 2024 speech on February 1. Government to launch ₹ 2 crore more housing units in the next five years under the PM Awas Yojana : Budget 2024 “Our Government will launch a scheme to help …

India Housing Rural Budget Middle Class Rural Areas Houses
Real Estate Budget 2024: 8 things the sector expects from the Finance Minister
10 months, 3 weeks ago

Real Estate Budget 2024: 8 things the sector expects from the Finance Minister

Hindustan Times  

Budget 2024 will be presented by Finance Minister Nirmala Sitharaman today. The real estate sector has sought an expansion of the definition of affordable housing, industry status for the real estate sector, tax sops for homebuyers as well as developers, increase in exemption on principal amount as well as the interest paid on home loans, and greater retail engagement in …

India Housing Tax Budget Homebuyers Interest 2024
Kerala’s fiscal woes appear real
1 year ago

Kerala’s fiscal woes appear real

The Hindu  

Fiscal federalism, or rather its perceived erosion in recent times, has occupied centre stage in the increasingly strained financial relations between the BJP-led Union government and the Left-ruled Kerala government in the run-up to the 2024 Lok Sabha elections. She added that the Pinarayi Vijayan government was welcome to move the Court on the matter, but that it would merely …

Kerala State Crore Central Centre Sitharaman Pmay
Budget 2022: Additional supply side reforms with higher incentives for home buyers can boost realty’s performance
2 years, 10 months ago

Budget 2022: Additional supply side reforms with higher incentives for home buyers can boost realty’s performance

Firstpost  

Union Budget 2022-23: Notwithstanding the various industry-specific amendments to the insolvency resolution laws, the implementation of the bankruptcy process for real estate companies remains a challenge In the recent past, schemes such as the Pradhan Mantri Awas Yojana have played a pivotal role in improving homeownership. Extend tax holidays for affordable housing beyond March ‘22 Incentives of extra deduction of …

Housing Budget Real Affordable Pmay Swamih
Sales of affordable homes improving; signalling recovery in real estate sector: Economic Survey
3 years, 10 months ago

Sales of affordable homes improving; signalling recovery in real estate sector: Economic Survey

The Hindu  

The COVID-19 pandemic affected the residential property market during the April-June period last year but sales have improved in affordable homes segment since July onwards, reflecting economic recovery in the real estate sector, according to the Economic Survey. The NHB-RESIDEX captures two housing price indices — HPI@ Assessment Prices and HPI@ Market Prices - Under Construction Properties based on the …

Housing States Prices Survey Crore Estate Real