The creditable performance by government – backed Rs 25000 crore SWAMIH Fund along with other private distress funds to kick start stalled housing projects, is helping residential realty to gain its foothold. The government’s Alternative Investment Fund (AIF), known as Special Window for Completion of Construction of Affordable and Mid Income Housing (SWAMIH) projects, is…
Month: August 2021
Affordable Housing puts Gurgaon among top 10 city localities by sales
Gurgaon which has of late emerged as a hot affordable housing destination of not just NCR but India as a whole, has hogged limelight with two of its localities figuring among the top 10 localities by sales in india. According to a recent report by Housing.com, Gurgaon’s Sector 70 and Sector 81 have secured…
Green Buildings developing the sustainable future for Real Estate
The COVID-19 pandemic has changed the scenarios of builders and homeowners as sustainable healthy living takes centre-stage. In this backdrop our efforts to build a sustainable and affordable housing initiative is reinforced. The property markets in India need a transformation and new technologies have a major role in it. Not just construction, design, property…
Young Generation beginning their home ownership quest with affordable housing
The affordable housing segment has assumed a tremendous importance in the real estate sector in the recent couple of years. Within the Housing for All scheme, the affordable segment became very important. The affordable housing segment plays a vital role in the realty market as it addressed the price bracket which has the maximum demand…
Affordable Housing presenting strong future prospects
The need of affordable housing is immense, and therefore the lasting impact it can wear homeowners and their families is undeniable. Certainly, it fulfils a basic human need for shelter, but it also contributes to the well-being of both parents and youngsters . The low-cost projects give a chance spending decent amount altogether the opposite relevant segments of life. The affordable housing projects have high rate…
City’s outskirts repurposing realty market of Gurugram
Many buyers and the millennial are transforming their mind-set for shifting to the peripheral areas for bigger homes to a far better lifestyle – at cheaper and affordable prices. With the booming business and technology environment and different culture, many of the future homebuyers are moving towards this city. The competitively-priced residential projects, strategic location…
Luxury is in vogue in the millennium city
The demand for luxury homes has driven realty stalwarts to root for new land and avenues. Gurugram, too, witnessed coming up of new areas for luxury real estate such as South Gurugram and some sectors in New Gurugram. Moreover, Gurugram has always been considered as a luxury real estate market and why not! People dream…
Affordable segment takes the light blow from Covid waves
Despite the outbreak of the second wave of Covid and frequent semi-lockdowns in many states, 2021 is expected to witness growth in the housing segment. But, the covid-19 waves have impacted the share of affordable housing in overall launches as per recent reports that covid reduced the share of affordable housing to 20%, around 7,230…
Far-flung areas in metros gaining maximum buyers traction
The COVID-19 pandemic forced offices to adopt the work-from-home format, which was conventionally not an appreciated kind of working in India. However, as remote working became the norm, employers experienced improved productivity, reduced overheads, minimised wastage and more efficient output. For employees, this new work culture helped them to maintain a work-life balance, enhanced their…
Haryana becomes the ideal heaven for affordable segment
With the Haryana Cabinet’s approval of Amendment in Affordable Housing Policy-2013 Haryana Development and Regulation of Urban Areas Act 1975 for change in Minimum Area Limit, Project Area Limit, Increase in Commercial Component, and Parking Provisions, the Affordable Housing segment is getting a major boost. Following the revised guidelines issued on December 23, 2020, developers…