As Signature Global completes five years of its eventful journey, it takes legitimate pride in attaining many milestones in affordable housing. Within a short span of five years, the group has earned a name for itself as India’s number one brand in affordable housing, as per RICS- KnightFrank report. It has successfully launched 14 residential…
Month: August 2019
FM announces measures to boost realty sector
The new economic measures unveiled by the Finance Minister, Nirmala Sitharaman – a combination of fiscal, liquidity and administrative measures , is set to perk up lending , in turn giving a much needed boost to real estate sector, particularly housing as thousands of home buyers across the country, mainly in Delhi-NCR, facing uncertainty as their dream…
Signature Global Park: 11th Affordable Housing Project
Signature Global, the pioneers of affordable housing with an aim to contribute the most towards Prime Minister’s vision of ‘Housing for all 2022’ in their next upcoming 11th affordable housing project Signature Global Park in Gurugram with an investment of Rs 200 crore in their project which is coming up with the luxurious floors 2 &…
FM’s revival package to boost realty, kickstart recovery of housing
The new economic package unveiled by the Finance Minister, Nirmala Sitharaman – a combination of fiscal, liquidity and administrative measures, is set to perk up lending , in turn giving a much needed boost to beleaguered real estate sector, particularly housing. These slew of measures include the provision of additional support of Rs 20000 crore…
Revised policy to give further push to affordable housing in Haryana
The new revised affordable housing policy of the Haryana government, allocating more area and liberalizing FAR/density norms, will not just push housing supply but also hike demand in view of increased affordability. The amended policy makes way for allocating 15 acres of land (hiked from 10 acres) in each sector across the state. The amendment…
Affordable Housing absorption picks up in NCR
Ahead of the festive season, the rise in absorption of affordable housing units, leading to significant drop in the unsold inventory is an encouraging development in the otherwise troubled residential market. According to a recent report by Anarock property consultants, Noida has seen its unsold home inventory dropping from 27000 units in the second quarter…
Mission Revamped : ‘Housing for All 2020’
The Pradhan Mantri Awas Yojna (PMAY) program launched by the Ministry of Housing and Urban Poverty Alleviation in Mission mode envisions provision of Housing for All by 2022. The mission prescribes certain mandatory reforms for easing up the urban land market for housing to make adequate urban land available for affordable housing. As per the recent…
Faster transmission of rate cuts a boon for affordable housing
The RBI’s decision to formalise the linking of new loans to external benchmark like repo rate will help faster transmission of rate cuts by the banks following the announcement of rate cuts by the RBI. This in turn will reduce the EMIs and push demand for housing, particularly affordable housing. This comes in the backdrop…
Hotspots of Gurugram
Intro: Sohna and Sector 93 are turning out to be the hotspots for the people on the lookout for affordable housing The real estate sector is flourishing thanks to the slew of measures taken by the government over a short period of time. The trust is back and with it the real estate markets that were…
All about Affordable Housing
Affordable Housing is fast taking center factor internationally as well as in national agenda only. Affordability of Housing becomes a key component in national economic competitiveness. Affordable Housing sector in real estate owing to the new push from a slew of schemes and budgetary allocations from the Union Government. There are various real estate developers…